Reply #63: Manufacturing slows for second month in April: ISM

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http://www.reuters.com/article/2011/05/02/us-usa-economy-idUSTRE73D8GJ20110502

Reuters) - The pace of growth in the U.S. manufacturing sector slowed in April for a second straight month but input prices were at their highest in nearly three years, according to an industry report released on Monday.

The Institute for Supply Management said its index of national factory activity fell to 60.4 in April from 61.2 the month before. The figure topped economists' forecasts for a reading of 60. The index for prices paid rose to 85.5 from 85, the highest since July 2008.