Factory Sector Has Been in Slump during the Past Year |
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Factory Sector Has Been in Slump during the Past Year The ISM manufacturing composite index has moved between 50.7 and 48.4 since September 2007. During the twelve months ended August 2008, this index posted readings above 50.0 for six months, ranging between a high of 50.7 in January 2008 and a low of 50.0 in October 2007 and July 2008. During the six months in which it held below 50.0, it has hovered between 48.4 and 49.9. In other words, the composite index suggests that the factory sector
Filed under: Fundamental
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