Monday 3 November 2014

U.S. Factories Rev Up, Leave Rest Of World In Dust

Otmane El Rhazi from Investors.com.



Manufacturing activity surged in October, industry reports showed Monday, confirming that the U.S. economy is picking up steam even as the rest of the world falters. The Institute for Supply Management's manufacturing index regained the 3 1/2-year high of 59 it hit in August. The underlying details were even better: The production gauge hit a 10-year high of 64.8, and new orders rose nearly 6 points to its second-best level of...

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