US manufacturing output hits a six-year high

The Institute for Supply Management's (ISM's) purchasing managers index rose to 59.6 points last month, up from 56.5 in February.

A figure of 50 or above represents growth, and March was the eighth month in succession that US manufacturers have increased their output.

It comes after China and European nations also saw higher factory output.

UK manufacturing activity grew at its fastest for 15 years in March, according to a survey by Markit and the Chartered Institute of Purchasing and Supply.

Elsewhere, growth in Germany's manufacturing sector last month was the strongest for almost 10 years, while France's expansion was the best since November 2006.

Read Full Article from BBC News

- Posted: 2010-04-01 10:39:57

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