US factory revenue to grow by 6.3 pct in 2010 – ISM

NEW YORK, April 27 (BestGrowthStock) – The U.S. manufacturing and
services sectors should continue to grow through 2010, with
manufacturing revenue forecast to jump by 6.3 percent, the
Institute for Supply Management said in its semiannual economic
forecast released on Tuesday.

Revenue in the non-manufacturing sector is expected to rise
by 0.3 percent in 2010, ISM said in a statement.

Manufacturing sector capital investment should increase by
2 percent in the year, while non-manufacturing sector capital
investment should rise by 1.9 percent, ISM said.

Investing Basics
(Reporting by Caroline Valetkevitch, Editing by Chizu
Nomiyama)

US factory revenue to grow by 6.3 pct in 2010 – ISM