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ISM’s Manufacturing And Service Indexes Move In Opposite Directions

Written by The Ashton Report

How bad are things in the U.S. manufacturing sector? The Institute of Supply Management’s PMI measure of manufacturing activity fell in December to its lowest level since June 2009, with the Manufacturing PMI falling to 47.2, nearly a full point below November’s reading. New orders, production, employment, customer inventories and new export orders all fell…

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