Bloomberg.com: US Recession? U.S. Economy: Manufacturing Grows at Slower Pace - by Courtney Schlisserman
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US Recession? U.S. Economy: Manufacturing Grows at Slower Pace - - by Courtney Schlisserman
Manufacturing in the U.S. grew in November at the slowest pace in 10 months as the housing slump pushes the economy toward recession. The Institute for Supply Management's factory index fell to 50.8, matching economists' forecasts, from 50.9 the previous month, the Tempe, Arizona-based group said today. Fifty is the dividing line between contraction and expansion.
Labels: Dollar, recession, US Economy
