6 December 2001, 11:41 The U.S. non-manufacturing sector posted a strong recovery
in November, increasing the chances that economic activity will be greater
than expected during the shopping season and into next year. The
National Association of Purchasing Management's non-manufacturing
business activity index jumped to 51.3 in November vs. 40.6 in October.
The index, measuring 80% of gross domestic product, returned back to its
pre-Sept. 11 trend and, at a reading above 50, indicates growth in the
sector.
© 1999-2024 Forex EuroClub
All rights reserved