Overall business levels for North American moldmakers were steady-to-better in recent weeks. The Mold Business Index (MB1) for November 2011 is 53.0 (a monthly value over 50.0 indicates growth for the month). This is a 2.7-point decrease from the October value of 55.7, but a gratifying 10.6-point increase from the 42.4 posted in November of 2010. The crucial New Orders sub-index was down modestly this month, but substantial gains were registered in both Production and Employment levels. Materials Prices were higher in recent weeks, while Mold Prices were mostly steady. Future Expectations remained at a high level.
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