Monday, August 02, 2004

Economy

Do a google search for the link on this story:

""The Institute for Supply Management purchasing managers' index (PMI), based on a survey of supply executives, rose 0.9 point from June to 62.0 in July, in line with private economists' forecasts.

It was the 14th consecutive reading above 50 points, which indicates an expansion in activity.

"The manufacturing sector continues to grow at a rapid rate as the PMI has now been above 60 percent for nine consecutive months," survey chief Norbert Ore said in a statement.

"This is the longest period of growth above 60 percent since the 12-month period of July 1972 through June 1973," he said.
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