Dec 1, 2011

Marketplace Index for Thursday, December 1, 2011

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The Institute for Supply Management's monthly Purchasing Managers Index is closely watched because the people who do the ordering in factories often have a pretty good sense of the mood of their bosses. A reading above 50 indicates expansion in the manufacturing sector, while a number below 50 means contraction. Today's number was 52.7 for November, up from 50.8 in October. Better than expected.

Segments From this episode

A rosier picture for U.S. manufacturing

Dec 1, 2011
The most recent monthly report measuring factory ordering shows better-than-expected numbers for the manufacturing sector.

November car sales helped by product placement

Dec 1, 2011
Automakers reported big November numbers, and the Jeep Wrangler's starring role in a popular video game may have helped spur the rally.

The Institute for Supply Management’s monthly Purchasing Managers Index is closely watched because the people who do the ordering in factories often have a pretty good sense of the mood of their bosses. A reading above 50 indicates expansion in the manufacturing sector, while a number below 50 means contraction. Today’s number was 52.7 for November, up from 50.8 in October. Better than expected.