U.S. manufacturing sector grew in March

A private trade group says the manufacturing sector expanded in March at its strongest pace since July 2004.
The Institute for Supply Management, a trade group of purchasing executives, says its gauge of industrial companies rose to 59.6 in March from 56.5 in February. It is the eighth straight month of expansion.

Economists polled by Thomson Reuters had expected the measure to read 57. A level above 50 indicates growth.