WASHINGTON (MarketWatch)
A measure of manufacturing
activity nationally accelerated in September to the highest point of the year,
continuing a series of mostly strong readings from the factory sector
The Institute
for Supply Management said Tuesday its purchasing managers index rose
to 56.2% from 55.7% in August, topping the 55% expected in a
MarketWatch-compiled economist poll
New orders fell 2.7 points to a
still-strong 60.5%, while production edged up 0.2 points to 62.6% and employment
rose 2.1 points to 55.4%
Any reading above 50 indicates expansion
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WASHINGTON (MarketWatch) -- Total U.S. light vehicle sales fell to a 15.28 million rate in September from 16.09 million in August, according to data from Autodata. The larger drop came from truck sales, which fell to 7.56 million from 8.06 million in August, while car sales fell to 7.72 million from 8.03 million in August. A favorable calendar front-loaded sales into the August reporting period, which this year included Labor Day.
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