Sunday, July 1, 2007

Factory Growth in U.S. Was Near 13-Month High in June, Economists Say

(Bloomberg) -- U.S. manufacturing growth in June
probably stayed close to the highest level in 13 months, a sign
demand is picking up as businesses replenish stockpiles,
economists said before a report today.

The Institute for Supply Management's manufacturing index
stayed at 55 for a second month, according to the median of 70
forecasts in a Bloomberg News survey. Readings greater than 50
signal expansion.


Read more at Bloomberg Currencies News

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