ISM manufacturing index

January 3, 2008 at 12:36 pm | Posted in economy, USA | Leave a comment
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[Chart]

The ISM manufacturing index (formerly known as the NAPM Survey) is constructed so that any level at 50 or above signifies growth in the manufacturing sector. A level above 43 or so, but below 50, indicates that the U.S. economy is still growing even though the manufacturing sector is contracting. Any level below 43 indicates that the economy is in recession.

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