ISM Manufacturing index decreased to 56.3 in July

The ISM manufacturing index indicated expansion in July. The PMI was at 56.3% in July, down from 57.8% in June. The employment index was at 55.2%, down from 57.2% last month, and the new orders index was at 60.4%, down from 63.5%. From the Institute for Supply Management: July 2017 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 98th 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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