Manufacturing grows at fastest pace in 6 years

[HughMoran]

Manufacturing grows at fastest pace in 6 years
Index rises to better-than-expected 60.4 in April, trade group says

By Tali Arbel
updated 22 minutes ago

NEW YORK - The U.S. manufacturing sector expanded at the fastest pace in nearly six years, as factories continue to lead the economy's rebound.

The Institute for Supply Management, a private trade group of purchasing executives, said Monday its manufacturing index rose to 60.4 in April from 59.6 in March. It's the ninth straight month of growth. A level above 50 indicates expansion.

It is the fastest pace of growth since June 2004 when the index was at 60.5.
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ISM said its employment index, which measures employers' willingness to hire, rose to 58.5, the strongest level since January 2005, from 55.1 in March.

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http://www.msnbc.msn.com/id/36911628/ns/business-stocks_and_economy/

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I hope this trend continues - I especially like the sentence I highlighted concerning jobs.