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Manufacturing activity tumbles in December, PMI dips to 32.4.

Publication: Metal Center News
Publication Date: 01-JAN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Manufacturing activity tumbles in December, PMI dips to 32.4.(ISM)

Article Excerpt
Economic activity in the manufacturing sector failed to grow in December for the fifth consecutive month, and the overall economy contracted for the third consecutive month, say the nation's supply executives in the most recent Manufacturing ISM Report On Business from the Institute of Supply Management, Tempe, Ariz.

"Manufacturing activity continued to decline at a rapid rate during the month of December. The decline covers the full breadth of manufacturing industries,...

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