Tuesday, July 1, 2008

ISM Manufacturing Halts Four Months of Declines, Rebounds to 50.2

The U.S. manufacturing sector halted a four-month trend of deterioration and rebounded into growth mode at 50.2 in June, against expectations of a decline to 48.5, according to the ISM manufacturing survey released on Tuesday morning. Despite the headline advance, prices moved up to the highest level since July 1979, ...

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