US manufacturing 'picks up pace' in October says survey

[pampango]

Source: BBC

Expansion of the US manufacturing sector sped up in October, the latest survey by the Institute for Supply Management (ISM) has found.

The institute's manufacturing index rose to a higher-than-expected 56.9 in the month, up from 54.4 in September.

New orders and exports grew particularly strongly, while imports slowed, the survey indicated, as firms benefited from the weaker dollar.

It is the 15th consecutive month of expansion for the sector.



Read more: http://www.bbc.co.uk/news/business-11667737

[madrchsod]

1. it has around here ....

but it`s going to take a lot more to make up for the losses.

[MrTriumph]

2. Over 3 years of weak dollar prompts minimal gains

The wrong-headed weak dollar policy continued by President Obama from Pres. Bush continues to yield miniscule gains. No doubt President Obama will hype tiny gains once again.

Until artifically cheap Chinese manufacturing is curbed US manufacturing cannot significantly increase.

[humblebum]

3. "Until artifically cheap Chinese manufacturing is curbed..."

Those are the wisest words spoken. And until they are taken seriously, nothing we do will make a difference.

[Iliyah]

4. Dang

It took approx 8 years for the country recession damn near depression and people expect in 18 months for everything to be turned around 180?

Total opposition by the party of NO? Hell Pres. O has done pretty well so far.

[humblebum]

5. This has been going on a lot longer than a decade. It is the fault

of all politicians who allow the process to continue at the expense of the US middle class - Republican and Democrat. It is neither free trade nor fair trade when the odds are so stacked against one side.