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In economic news, manufacturing activity in the United States grew in January for a sixth consecutive month to the strongest level since August 2004, according to the Institute for Supply Management.
In a report on Thursday, the Fed said that factories produced more cars, appliances, computers and furniture in February, lifting manufacturing output for a sixth consecutive month.
[C6.] Consumer Borrowing Rose in May Consumer borrowing rose for a sixth consecutive month in May.
German business confidence is sinking for a sixth consecutive month, according to the latest survey by the Ifo Institute.
On Wednesday, the Commerce Department reported that December retail sales had fallen for a sixth consecutive month.
Magazine advertising pages declined in November for a sixth consecutive month, the Publishers Information Bureau in New York reported yesterday.
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Consumer price-inflation fell for a third consecutive month in July, to 6.3%.
In the United States, a survey showed manufacturing expanded for an eighth consecutive month in March.
Another report today showed that Chicago-area manufacturing expanded in March for a second consecutive month.
The Institute for Supply Management reported on Friday that manufacturing activity dropped in October for a second consecutive month.
An index of European manufacturing showed contraction in December for a ninth consecutive month.
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