0 Factory Index Falls To 26-Year Low
It seems that some experts might finally have to use the "r" word. Following in the footsteps of housing and banking entities, manufacturers seem to be falling down, with a big dip in a relevant index occurring in October.
Bob Willis reports, "The Institute for Supply Management's factory index fell to 38.9 from 43.5 in September; 50 is the dividing line between expansion and contraction." A score this low hasn't been seen since 1982.
Also, "The Commerce Department said separately that construction ...
Blog
Investments
Mortgages