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ISM Non-Manufacturing Index Signals Economy Weakened

Discussion in 'Fundamental Analysis' started by ActionForex.com, Dec 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The ISM Non-manufacturing index surprisingly dipped below the all-important 50-threshold in November to 48.7 after two consecutive months of sitting just above the 50 mark, suggesting that the U.S. non-factory sector (which accounts for over 80% of the U.S. economy) contracted in November. This was weaker than the market consensus...

    complete article here...

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