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• Manufacturing index drops to 26-year low
WASHINGTON - A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders fell for a twelfth straight month, a trade group said Monday. The reading of 36.2 from the Institute for Supply Management's monthly survey of ...
• Oil tumbles on more weak economic signals
COLUMBUS, Ohio - Oil prices tumbled Monday as manufacturing activity in the U.S. hit a 26-year low, a showing that was much worse than expected. The drop also comes two days after OPEC said it would not cut production of crude before its regularly ...
• Wall Street tumbles on fears about economy
The Institute for Supply Management, a trade group of purchasing executives, said its index of manufacturing activity fell to a 26-year low in November. At the same time, the Commerce Department said construction spending fell by a larger-than ...
• Aston Martin laying off 600 employees
Overall, we remain confident that the Aston Martin brand is the strongest it has ever been: with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy ...
• It's official: U.S. is in recession
The Commerce Department reported Monday that construction spending fell by a larger-than-expected 1.2 percent in October, while the Institute for Supply Management said its gauge of manufacturing activity dropped to a 26-year low in November. The ...