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April Manufacturing ISM Report On Business; PMI at 54.8%

From marketwatch.com

Economic activity in the manufacturing sector expanded in April for the 33rd consecutive month, and the overall economy grew for the 35th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business(R). The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management(TM) Manufacturing Business Survey Committee. "The PMI registered 54.8 percent, an increase of 1.4 percentage points from March's reading of 53.4 percent, indicating expansion in the manufacturing sector for the 33rd consecutive month. Sixteen of the 18 industries ... (full story)

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