US Manufacturing activity contracted more than expected in May

Note: This section contains information in English only.
Source: Marketwatch
The economic activity in production sector expanded in May though at slower pace than predicted. The PMI gauge for May equalled 53.5 a slight drop compared to April when the indicator reached 54.8. Analysts expected a smaller decline to around 54.0. US manufacturing posts expansion for the 35th straight month.
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Mon, 04 Jun 2012 06:53:18 GMT

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