ISM Manufacturing index Increased to 56.6 in January

The ISM manufacturing index indicated expansion in December. The PMI was at 56.6% in January, up from 54.3% in December. The employment index was at 55.5%, down from 56.0% last month, and the new orders index was at 58.2%, up from 51.3%. From the Institute for Supply Management: January 2019 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 117th 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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