Manufacturing gains as backlogs rise
Jan 02, 2013 | 01:54 PM
| Corinna Petry
CHICAGO Manufacturing activity expanded in December, rebounding from a dip the previous month, as prices, order backlogs and employment rose, according to the latest survey by the Institute for Supply Management.
The December purchasing managers index (PMI) rose to 50.7indicating an overall expansion of the U.S. manufacturing economyfrom 49.5 in November, the lowest level since July 2009.....
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