April manufacturing output declines but still showing overall growth, reports ISM

While seeing a modest sequential decline, April manufacturing output remained on the right side of growth, according to the most recent edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM).   The report’s key metric, the PMI, had a reading of 55.4 (a reading of 50… Continue reading April manufacturing output declines but still showing overall growth, reports ISM

ISM reports solid February manufacturing output

Manufacturing output in February turned in another solid performance, according to the most recent edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report’s key metric, the PMI, came in at 58.6 (a reading of 50 or higher indicates growth), posting a 1.0% gain over… Continue reading ISM reports solid February manufacturing output