The United States will avoid recession news World Pipe network informed, as well as six major central bank to save the European debt crisis triggered a stock market rebound.
Manufacturing in the U.S. in November, five months, the fastest growth, show that the factory before the end of the year will continue to support economic expansion, economists said before the report is released.
New equipment to increase the demand for exports and stronger consumer spending and streamlining inventory laid the foundation for increased production. But at the same time, the risk of Europe recession will restrain U.S. production to support the U.S world pie network information . economic recovery.
Demand for manufactured goods in the past few months is extremely elastic, "Price said, a senior economist at Ameriprise Financial in Detroit. However, global economic growth has been slow, this may be a moderate impact to the U.S. manufacturing industry, at least medium-term, he said.
Bloomberg News survey of economists forecast, Supply Management's factory institutions index rose from 50.8 in October to last month's 51.8,50 economic growth and shrinking boundaries. Other data show that the October jobless claims declined last week, construction spending increased.
The day before yesterday, the data show that the growth of U.S. business activity in November, the fastest in seven months. Supply Management Chicago-based company, said its business barometer of increase to 62.6 from 58.4 in October.