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The monthly manufacturing ISM report was released today detailing a contraction in the manufacturing sector for the first time in 36 months (11/2012).¬†Interesting side note though, the overall economy grew for the 78th consecutive month and “The Employment Index” increased by 3.7%, to 51.3% from the October reading of 47.6%.

So, as a whole the manufacturing sector decreased but manufacturing hiring increased.  What does this mean? Only time will tell. You can find the full report here.


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