January 2, 2009

Manufacturing index at 28-year low

Filed under: FYI,Manufacturing,US — DF @ 12:52 pm
Tags: ,

According to CNN Money: “A key index of the nation’s manufacturing activity fell to a 28-year low in December, according to a report released Friday.

The Institute for Supply Management, a purchasing management group based in Tempe, Ariz., said its manufacturing index was 32.4 for December. That’s the lowest reading since June 1980, when it stood at 30.3.

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