US manufacturing unexpectedly fell in June

Note: This section contains information in English only.
Source: Bloomberg
Production in US unexpectedly fell last month, the first drop in nearly three years, warning that slowdown in US economy may linger. The ISM manufacturing gauge tumbled from 53.5 in May to 49.7 in June, surpassing even the most pessimistic predictions. Economists questioned by Bloomberg predicted an average drop to 52. US economists suggest Europe is adding negative pressure on US manufacturing. 
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Tue, 03 Jul 2012 08:06:36 GMT

Housing approvals rallied in Australia in May

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