Advertise On EU-Digest

Annual Advertising Rates

12/4/07

Bloomberg.com: US Recession? U.S. Economy: Manufacturing Grows at Slower Pace - by Courtney Schlisserman

For the complete report from Bloomberg.com click on this link

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.

No comments: