ISM Manufacturing index increased to 58.8 in August

The ISM manufacturing index indicated expansion in August. The PMI was at 58.8% in August, up from 56.3% in July. The employment index was at 59.9%, up from 55.2% last month, and the new orders index was at 60.3%, down from 60.4%. From the Institute for Supply Management: August 2017 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th 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,......(read more)

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