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U.S. factory, services revenue to grow in 2011: ISM


    NEW YORK (Reuters) - The U.S. manufacturing and services sectors will grow in 2011, with manufacturing revenue expected to increase by 5.6 percent, the Institute for Supply Management said in a semi-annual forecast released on Tuesday.

    Revenue in the non-manufacturing sector, which comprises mostly service sector businesses, is expected to increase by 3.4 percent next year, ISM said in a statement.

    Manufacturing sector capital investment should jump by 14.5 percent in the year, while non-manufacturing sector capital investment is expected to rise by 3.7 percent,

    (Reporting by Steven C. Johnson; Editing by James Dalgleish)