Friday, December 01, 2006
Manufacturing contracts in Nov., ISM survey shows
11:40 am ET Dec 1, 2006
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Manufacturing contracts in Nov., ISM survey shows
WASHINGTON
The U.S. factory sector contracted in November for the first time in
more than three years, raising fears that the economy could be softening
so much that the Federal Reserve might have to come off the sidelines
and cut interest rates to stimulate demand.
