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September Manufacturing ISM Report On Business; PMI at 51.5%
Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction, and the overall economy grew for the 40th 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(TM) registered 51.5 percent, an increase of 1.9 percentage points from August's reading of 49.6 percent, indicating a return to expansion after contracting for three consecutive ... (full story)
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