Manufacturing growth speeds up: ISM
May 02, 2012 | 02:45 PM
|
Tags
PMI,
Purchasing Manufacturers Index,
Institute for Supply Management
NEW YORK — U.S. manufacturing growth sped up in April, recording its 33rd consecutive monthly increase, according to the Institute for Supply Management (ISM).
"New orders, production and employment indexes all increased, indicating growth at faster rates than in March," said Bradley J. Holcomb, chairman of the organization’s manufacturing business survey committee.
The ISM’s purchasing managers’ index (PMI) rose to 54.8 percent in April from 53.4 percent in March; a reading above 50 percent indicates that the U.S. manufacturing economy generally is expanding.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here