Factories Humming in U.S. Even Amid Global Slowing

Dec 01, 2014

Manufacturing growth in the U.S. barely skipped a beat in November, holding near the strongest pace in three years, as the world’s largest economy rose above a global slowdown.

The Institute for Supply Management’s factory index was little changed at 58.7 last month, the second-strongest level since April 2011, compared with 59 in October, the Tempe, Arizona-based group reported today. Readings greater than 50 indicate expansion.

From Bloomberg.