Economy - Finance > Sector
ISM Manufacturing index Increased to 60.7 in December
1 month ago | By Calculated Risk
The ISM manufacturing index indicated expansion in December. The PMI was at 60.7% in December, up from 57.5% in November. The employment index was at 51.5%, up from 48.4% last month, and the new orders index was at 67.9%, up from 65.1%.
From ISM: Manufacturing PMI® at 60.7%; December 2020 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector grew in December, with the overall economy notching an eighth consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R...
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US factories grew at a faster pace in December with a manufacturing gauge rising to reading of 60.7, up from 57.5
1 month ago | By Stl Today
WASHINGTON - US factories grew at a faster pace in December with a manufacturing gauge rising to reading of 60.7, up from 57.5.
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US factories grew in December at fastest pace since mid-2018
1 month ago | By Chron
WASHINGTON - American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.
The Institute for Supply Management reported Tuesday that its gauge of manufacturing activity rose to 60.7% last month, the highest reading since it stood at 60.8 in August 2018. The activity gauge was up 3.2 percentage points from a November level of 57.5.
Any reading above 50 indicates expansion in the manufacturing sector.
The U.S. economy collapsed from April through June but since that time...
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