- Business activity accelerated in New York to a 5-month high
Market news
3 January 2013
Business activity accelerated in New York to a 5-month high
ISM New York climbed to 54.3 in December, up from 52.5 a month ago.
The latest reading reflects a 5-month high.
"Purchase volume expanded more quickly, while employment contracted for a second time in three month," wrote the ISM.
"Hurricane Sandy appeared to be a lingering business impediment, as weather/natural disasters remained elevated in December."Market Focus
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