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Because they are not seeing demand...
Nov 04 11:07 am
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All Comments by Machiavelli999 »Oct. ISM Non-Mfg. PMI: 50.6 vs. 52 expected and 50.9 prior. Prices 53 vs. 48.8 prior. New orders 55.6 vs. 54.2 prior. Respondents' comments remained mixed, and are mostly cautious about business conditions and the overall economy. [View news story]