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December 3, 2007 - Forex Economic News

U.S. November Manufacturing data: Growth but slowing.

U.S. Economic data, released today by the Institute for Supply Management, showed that manufacturing activity grew in November but the rate of growth was a decrease from October's data. October readings for economic activity were 50.9, slightly ahead of November's 50.8. A score above 50 is considered to be growth. November was the tenth month in a row of growing manufacturing activity but also the fifth month in a row that the rate of growth was slower than the previous month. Read the full report here.

Tags: Institute for Supply Management, Manufacturing------====----- Blog index