Thursday, August 20, 2020

PURCHASING MANAGERS INDEX

 Manufacturing grew in June, as the PMI® registered 52.6 percent, higher than the May reading of 43.1 percent. Manufacturing grew in July, as the PMI® registered 54.2 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Source: Institute for Supply Management - Manufacturing Report on Business - www.ism.ws

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