|
|
"A comprehensive, collaborative elections resource."
|
U.S. Economy: Factory Index Stays Above 60, Shows Hiring Demand
|
|---|
| Parent(s) |
Issue
|
| Contributor | Tony82 |
| Last Edited | Tony82 Mar 01, 2004 12:08pm |
| Logged |
0
|
| Category | News |
| News Date | Monday, March 1, 2004 06:00:00 AM UTC0:0 |
| Description | March 1 (Bloomberg) -- A gauge of U.S. manufacturing in February held close to a two-decade high and more factories said they were hiring to meet demand, an industry report showed. Personal spending increased for a third month in January.
The Institute for Supply Management's factory index slipped to 61.4 last month from 63.6 in January. It was the fourth straight month the index exceeded 60 and the 10th greater than 50, which signals growth. January's personal spending rose 0.4 percent and construction spending declined, the Commerce Department said in separate reports in Washington. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
