Monday, April 30, 2007

U.S. Manufacturing Was Probably Little Changed in April as Demand Slowed

(Bloomberg) -- Manufacturing in the U.S. was probably little changed last month as factories strove to keep inventories lean, economists said before a report today.

The Institute for Supply Management's manufacturing index edged up to 51, from 50.9 in March, according to the median of 73 forecasts in a Bloomberg News survey. Readings of 50 are the dividing line between expansion and contraction.


Read more at Bloomberg Currencies News

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