Posted on 02/01/2005 7:13:04 AM PST by SoFloFreeper
NEW YORK (AP) -- The manufacturing sector grew for the 20th consecutive month in January, though at a moderated pace, a private research group reported Tuesday, affirming the rebound in activity at the nations' factories.
The Institute for Supply Management said that its index measuring manufacturing activity declined to 56.4 in January, from a revised reading of 57.3 in December. The January figure was slightly below the reading of 57 anticipated by analysts.
A reading of 50 or above in the index means the manufacturing sector is expanding, while a figure below 50 represents a contraction.
You mean there weren't 2 million manufacturing jobs lost. I'm in shock and awe! :)
Damn insourcing.
BUSH'S FAULT!!!
More bad news for the Rats.
This is what happens when you cut taxes. This insourcing is reprehensible. We must achieve balance or we'll never get respect from the rest of the world. :)Hehe!
CNN, true to form, is emphasizing that the manufacturing index FELL from last month. LOL.
what is china and india gonna do???!!! damned this president!
Don't you think you-know-who deserves a ping to this article?
We're DOOOOOOOOMED!
No. who?
I thought all of the manufacturing jobs has been shipped to China???
How can this be? I thought we sent all of our manufacturing off-planet, or somewhere.
HAHAHAHA!
So the actual reading was 56.4...and CNN's "Money" website emphasizes the horrible DECLINE in manufacturing. What a joke CNN is.
Willie Gault, I think. He's the resident Gandalf Stormcrow of U.S. Manufacturing here.
Not saying he's not got a point. It's just that he wields it as a blunt object.
Willie.
He had a great singing voice too!!
Manufacturing can't be growing for the last 20 months. I know 2 guys who lost their jobs. This article is a lie!!
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