ISM Manufacturing index increased to 54.9 in May

The ISM manufacturing index indicated expansion in May. The PMI was at 54.9% in May, up from 54.8% in April. The employment index was at 53.5%, up from 52.0% last month, and the new orders index was at 59.5%, up from 57.5%. From the Institute for Supply Management: May 2017 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in May, and the overall economy grew for the 96th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, ......(read more)

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