ISM Manufacturing index increased to 61.3 in August

The ISM manufacturing index indicated expansion in August. The PMI was at 61.3% in August, up from 58.1% in July. The employment index was at 58.5%, up from 56.5% last month, and the new orders index was at 65.1%, up from 60.2%. From the Institute for Supply Management: August 2018 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 112th 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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