US manufacturing shrinks in November to 3-year low

Written By Unknown on Senin, 03 Desember 2012 | 23.16

WASHINGTON — A survey shows U.S. manufacturing shrank in November to its weakest level since July 2009. The impact of Superstorm Sandy and worries about automatic tax increases that could take effect in January combined to reduce factory orders and manufacturing jobs.

The Institute for Supply Management says its index of manufacturing conditions fell to a reading of 49.5. That's down from 51.7 in October.

A reading above 50 signals expansion, while readings below 50 point to contraction. The second contracted after two months of growth.

© Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Anda sedang membaca artikel tentang

US manufacturing shrinks in November to 3-year low

Dengan url

http://newsreviewsis.blogspot.com/2012/12/us-manufacturing-shrinks-in-november-to.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

US manufacturing shrinks in November to 3-year low

namun jangan lupa untuk meletakkan link

US manufacturing shrinks in November to 3-year low

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger