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por Info » 6/1/2004 16:14

10:03am 01/06/04 U.S. DEC ISM SERVICES FALLS BELOW EXPECTATIONS OF 60.8%
10:02am 01/06/04 U.S. DEC. ISM NONMANUFACTURING INDEX 58.6% VS 60.1%

U.S. Dec. ISM nonmanufacturing index falls to 58.6%

WASHINGTON (CBS.MW) -- Activity in the nonmanufacturing sectors of the U.S. economy grew strongly in December, the Institute for Supply Management reported Tuesday.
The ISM's nonmanufacturing index fell to 58.6 percent from 60.1 in November, indicating a slower pace of expansion.
Economists expected the index to rise to 60.8 percent. Twelve of 17 industries grew in December.
New orders rose to 61.2 percent from 60.1 percent.
Readings over 50 percent in the diffusion index indicate expansion in those sectors.
On Friday, the group said activity in the manufacturing sectors in December was the strongest in 20 years.


November U.S. factory orders fall 1.4% - Commerce Dept.

WASHINGTON (CBS.MW) -- Orders at U.S. factories fell in November, the Commerce Department said Tuesday.
Factory orders fell 1.4 percent in November -- matching the forecast of economists polled by CBS MarketWatch.
In October, orders were revised to up 2.4 percent from an initially estimated gain of 2.2 percent.
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