Monday, July 2, 2007

GLOBAL ECONOMY-U.S. factories hum in June; Germany paces Europe

(Reuters) - WASHINGTON/PARIS, July 2 - The U.S.
manufacturing sector picked up more than expected in June,
overcoming a housing market slump, while strength in Germany
drove European factory growth, according to data released on
Monday.




Surveys of purchasing managers at thousands of companies
around the globe showed broad-based expansion -- with notable
accelerations in the United States, Germany and Spain but
eye-catching slowdowns in growth rates in Britain and Japan.


Read more at Reuters.com Economic News

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