Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 102nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The November PMI registered 58.2 percent, a decrease of 0.5 percentage point from the October reading of 58.7 percent. This indicates growth in manufacturing for the 15th consecutive month led by expansion in new orders and production, offset by supplier delivery improvement and declines in raw material Inventory.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-12-04
CTE source: https://ctemag.com/news/ism-manufacturing-expands-november-slightly-slower-pace/
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