ISM: Manufacturing Output Continues To Expand
Posted on August 02, 2010 at 12:59 PM EDT
The Institute for Supply Management [ISM] said its index of national factory activity fell to 55.5 in July from 56.2 in June. However, the industry performed better than expected and the decline was far less than the consensus of 54.2 (a reading above 50% indicates that the manufacturing economy is generally expanding; below [...]