AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Factory Gauge And Tech Spending Jump, Adding To Evidence Of A Swift Recovery; ISM Index Near 4-Year Peak; Orders at nine-year high; jobs index raises hopes of Oct. employment gains.(A)
Byline: CHRISTINA WISE
Factory activity surged last month to its highest level in nearly four years, according to an industry report out Monday.
The Institute of Supply Management's manufacturing index rose to 57 in October from 53.7 in September. That's its highest level since January 2000. Readings above 50 indicate the sector is growing.
The index's new orders component rose to 64.3, the highest since June '94. Similarly, production scored its sixth straight monthly gain, climbing to 62.6. That's its best reading since July '97.
"This is the best report that we have seen in quite some time in terms of the overall strength of manufacturing," ISM said in a statement. "The picture continues to improve, and it appears that manufacturing will finish '03 on a very positive note, assuming the recent trend continues."
Order backlog, prices and inventories also edged higher during the month.
"We are seeing more concrete signs that the economy is doing better," said Gary Thayer, chief economist at A.G. Edwards.
- U.S. Bureau of Labor Statistics Underestimates March Employment Gains by...
- Press release article from: Business Wire April 6, 2004 700+ words
...significantly underestimates March employment gains. According to the BLS, U.S. non...sector rose strongly. The greatest employment gains came in the raw materials sectors...expanded only slightly. "Despite recent employment gains, the economic recovery remains highly...
- Employment gains surprisingly strong, despite business emphasis on cost...
- Press release article from: PR Newswire June 21, 1984 700+ words
...YORK, June 21 /PRNewswire/ -- Employment gains have been surprisingly strong in the...But even so, the buoyancy of employment gains is surprising, when you consider...DePrince, as of last month the largest employment gains were recorded in the area of business...
- Employment gains slow in the first half of 1989; slower job growth was...
- Magazine article from: Monthly Labor Review Haugen, Steven E. August 1, 1989 700+ words
Employment gains slow in the first half of 1989 Employment...construction, which had also made healthy employment gains, registered a slowdown in job growth...also experienced a reduction in employment gains. In the first quarter of 1989...
- DOLE chief defends RP's employment gains.
- News wire article from: Philippines News Agency July 29, 2009 700+ words
...DOLE) today clarified that the total 8.095 million in employment gains registered from 2001 until April 2009 are based on the...Address (SONA) last Monday, President Arroyo cited these employment gains, underscoring the utmost importance of concerted efforts...
- Stronger growth finally producing employment gains. (report from Cahners...
- Magazine article from: Building Design & Construction Kennedy, Kim August 1, 1994 700+ words
...available) manufacturing employment rose by 90,000. These employment gains came at the same time that the average number of hours...reduce staffing needs. In addition, while this year's employment gains are larger and more diversified, our survey of manufacturers...
- CIOs Forecast Moderate IT Hiring Activity in Fourth Quarter: Midwest Leads...
- Press release article from: PR Newswire August 26, 2004 700+ words
...nation's largest companies are most optimistic about employment gains. -- Business growth remains the leading factor driving...optimism last quarter -- once again anticipate strong employment gains. Ten percent of technology executives plan to add staff...
- Employment gains posted.(Strictly Business)
- Magazine article from: Mississippi Business Journal October 29, 2007 700+ words
...In Mississippi, Harrison County followed closely behind Orleans Parish with an over-the- year gain of 14.5%. Employment gains in Orleans Parish and Harrison County reflected recovery following substantial job losses that occurred in September 2005...
- Employment gains and losses; Foreign student deterrents.
- Magazine article from: U.S. News & World Report December 13, 2004 700+ words
Employment gains and losses The coming surge of retirements in the ranks of government employees should be seen as a historic opportunity ["Brain...
