U.S. upper Midwest factory sector expands in November
- Record-setting rally pushes on as S&P ends week up 3 percent
- Trump's Cohn Pick Most Bullish Sign Yet for Banks - Cowen
- Unusual 11 Mid-Day Movers: (IDXG) (INVN) (EBS) Higher; (SCON) (DTEA) (DLTH) Lower (more...)
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
(Reuters) - A measure of factory activity in the U.S. upper Midwest region rose in November, a private survey released on Wednesday showed.
Marquette University and the Institute for Supply Management-Milwaukee said their index on manufacturing in the Milwaukee region increased to 54.11 from 47.46 in October.
A reading above 50 indicates regional manufacturing activity is expanding.
The survey's component on new orders jumped to 64.87 from 47.67 in October, while its production gauge climbed to 53.16 from 46.59.
But the survey's employment subindex fell to 45.58 last month from 54.34 in October.
The university and ISM-Milwaukee discontinued their survey in May and resumed publication in October.
(Reporting by Richard Leong; Editing by Meredith Mazzilli)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. Defense Secretary Carter in Iraq for talks on Mosul
- Conflict over Russia is rocky start for Trump and intelligence agencies
- Ghana's next leader under pressure to deliver for impatient voters