12132019Fri
Last updateThu, 12 Dec 2019 5pm

Manufacturing & The Economy

Manufacturing Expands at Slowest Pace Since Fall 2016

Manufacturing expanded in April, as the PMI registered 52.8%, a decrease of 2.5% from the March reading of 55.3%. This indicates growth in manufacturing for the 32nd consecutive month, according to the Institute for Supply Management (ISM). The PMI reversed a March expansion improvement, thanks to decreases in new orders, production expansion and employment.

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