GDP Growth of 3.7% – 4.6% according to PMI

We remain optimistic for the outlook for manufacturing for the next three months based on the latest  ISM PMI and PMPA Business Trends Indicators. The latest Institute for Supply Management PMI (Purchasing Managers Index) increased 1.8 points to 57.1 for July. The July value was the 14th consecutive month of manufacturing expansion; the 62nd consecutive month…