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01.04.2014 16:08:57
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U.S. Manufacturing Index Rises Slightly Less Than Expected In March
(RTTNews) - Activity in the U.S. manufacturing sector expanded at a slightly faster rate in the month of March, according to a report released by the Institute for Supply Management on Tuesday, although the index of activity in the sector rose by a little less than expected.
The ISM said its purchasing managers index crept up to 53.7 in March from 53.2 in February, with a reading above 50 indicating growth in the manufacturing sector. Economists had expected the index to climb to a reading of 54.0.
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