12152019Sun
Last updateFri, 13 Dec 2019 5pm

Manufacturing & The Economy

Manufacturing Sector Improved for Third Straight Month

Goods producers signaled a stronger improvement in operating conditions in November, as signaled by a rise in the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) to 52.2, up from 51.3 in October. The rate of overall growth was the fastest since April, albeit moderate overall.

The improvement in the health of the manufacturing sector was supported by sharper and solid expansions in production and new orders. The rate of increase in the former reached a ten-month high amid reports of stronger client demand.

Manufacturers registered the first increase in backlogs since June, with firms responding to greater pressure on capacity by increasing staffing levels at the steepest pace since March.

Subscribe FALL19FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

NEW BASICS 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products