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Tuesday, June 05, 2007

Economic structure of US

Manufacturing makes up 20% of the total economic activities (GDP?), while non-manufacturing makes about 80%. Non-manufacturing includes retailing, banking, construction and agriculture.

The Institute for Supply Management is producing two indexes in each month for the two categories of economy, Manufacturing Index and Non-Manufacturing Index. If the index is above 50, it indicates the category of economy is expanding.

ISM Website:

http://www.ism.ws/

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