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US Manufacturing PMI at 50.3%; March 2024 Manufacturing ISM Report On Business
Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: "The Manufacturing PMI® registered 50.3 percent in March, up 2.5 percentage points from the 47.8 percent recorded in February. The overall economy continued in expansion for the 47th month after one month of contraction in April 2020. (A Manufacturing PMI® above ... (full story)
Added at 10:02am
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*US ISM FACTORY INDEX SHOWS FIRST EXPANSION SINCE SEPT. 2022
— Nour Eldeen Al-Hammoury (@NourHammoury) April 1, 2024
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