06192019Wed
Last updateTue, 18 Jun 2019 6pm

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Manufacturing & The Economy

ISM: Manufacturing at Lowest Level in More Than 2 Years

The December PMI registered 54.1%, a decrease of 5.2% from the November reading of 59.3%. Economic activity in the manufacturing sector still expanded in December, and the overall economy grew for the 116th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

“Comments from the panel reflect continued expanding business strength, but at much lower levels,” said ISM’s Timothy Fiore. 

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