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By Anthony Lazzara |
June 2, 2014
The Institute for Supply Management’s factory index fell to 53.2 in May from 54.9 in the prior month, the Tempe, Arizona-based group’s report showed today.
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By Andrew Wilkinson |
June 2, 2014
Analysts had the market prepped for expansion at a faster 55.2 pace before the report, which in the event showed manufacturing activity was slightly less brisk than during April, easing 1.7-points to 53.2; 0.6-points slower than the six-month average.
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By Andrew Wilkinson |
May 1, 2014
Manufacturing activity advanced with the ISM index reaching 54.9 and its strongest pace of expansion since December.
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By Andrew Wilkinson |
April 1, 2014
Overall, the responses from a broad swath of industries appear to offer a positive outlook. New orders grew faster while the production index flipped from contraction (48.2) to growth at 55.9.
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By Andrew Wilkinson |
March 5, 2014
While some respondents blamed the weather, the ISM noted that there was a tinge of caution regarding business conditions and the economy.
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By Lorraine Woellert, Bloomberg |
March 3, 2014
Manufacturing expanded at a faster pace than projected in February, a sign the industry was beginning to overcome bad weather across much of the U.S.
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By Victoria Stilwell, Bloomberg |
February 3, 2014
American factories expanded in January at the weakest pace in eight months as orders slumped, a sign manufacturing cooled at the start of the year along with the weather.
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By David Goodman and John Detrixhe, Bloomberg |
January 6, 2014
The yen strengthened toward a two-week high against the dollar as a slowdown in Chinese services and a slide in Asian stocks boosted demand for safer assets.
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By Jeanna Smialek, Bloomberg |
January 6, 2014
Service industries in the U.S. expanded at a slower pace than forecast in December as orders contracted for the first time since 2009, showing uneven progress in the biggest part of the economy.
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By Toni Hansen |
January 3, 2014
Traders have a couple important economic reports to watch next week including minutes from the December FOMC meeting.
