Manufacturing data indicated that the industry was pulling out of a slump. A key measure in the economic activity in the U.S. manufacturing sector expanded in August according to the nation's supply executives in the latest Manufacturing ISM Report on Business released on September 1, 2009. The measure passed the mark at which manufacturing expands (rather than contracts) for the first time in 19 months, helped in part by an uptick in activity from carmakers.
9.03.2009
Industry is pulling out of a slump
Manufacturing data indicated that the industry was pulling out of a slump. A key measure in the economic activity in the U.S. manufacturing sector expanded in August according to the nation's supply executives in the latest Manufacturing ISM Report on Business released on September 1, 2009. The measure passed the mark at which manufacturing expands (rather than contracts) for the first time in 19 months, helped in part by an uptick in activity from carmakers.
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