Manufacturing grows in November
December 2, 2005,
TEMPE, Ariz. -- The U.S. manufacturing sector continued to grow during November, if at a somewhat slower pace, and the nation's purchasing managers, who control the purse strings of corporate America, say they're largely satisfied with the way business is going.
The monthly index "showed significant strength in manufacturing activity," with gains recorded in most key metrics, said Norbert J. Ore, chairman of the ISM's Manufacturing Business Survey Committee. "While energy costs and supply interruptions remain a concern, purchasers are satisfied in general with current business conditions."