March ISM Report, Manufacturing Expands But Rate Of Growth Slows
PMI shows manufacturing continues to expand, but rate of growth is slowing.
PMI shows manufacturing continues to expand, but rate of growth is slowing.
Manufacturing continued its growth in September as the PMI registered 51.6 percent, an increase of 1 percentage point when compared to August’s reading of 50.6 percent. It may not feel like Christmas, but only two of the above ten indicators ( Customers Inventories and Employment) were negative for Fab Metals and Precision Machining.
December ISM Report shows manufacturing improvement, though fabricated metals sector is not yet out of the woods.