U.S. manufacturing hits lowest level in 4 years

06/4/2013 | Reuters · Shopfloor blog

Industrial activity stopped rebounding in May, posting its first decline in six months and dropping to its lowest level in almost four years, according the Institute for Supply Management's index of factory activity. The index fell to 49, from 50.7 in April, on a scale in which anything below 50 indicates contraction. The ISM benchmark for new orders dropped to 48.8, from 52.3.

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Reuters · Shopfloor blog

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