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Manufacturing Activity Loses Some Steam in April

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Following three consecutive monthly increases, the Institute for Supply Management (ISM) manufacturing index took a breather in April as the headline index slipped by 1.0 point to 50.8. The reading was weaker than the consensus expectation which called for a modest pullback to 51.4. Details of the report were somewhat mixed,[​IMG]

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