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13%  
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  • Manufacturing slows to lowest level since 1948, the ISM Survey showed (Thanks Free Trade)

    01/02/2009 1:39:46 PM PST · by shielagolden · 113 replies · 1,297+ views
    axcessnews. ^ | 01/02/09 | Armando Duke
    Manufacturing slows to lowest level since 1948, the ISM Survey showed By (AXcess News) Houston - The Institute of Supply Management (ISM) December Survey revealed that the manufacturing sector continued to show no sign of growth for the fifth consecutive month while the overall U.S. economy shrank for the third month in a row. ISM chairman of the Committee Survey Norbert J. Ore said manufacturers across the entire spectrum of companies saw a "significant decline" in activity during the month of December. "The decline covers the full breadth of manufacturing industries, as none of the industries in the sector report...