Economic activity in the manufacturing sector expanded in September, and the overall economy grew for the 100th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The September PMI was 60.8 percent, an increase of 2 percentage points from the August reading of 58.8 percent. This indicates growth in manufacturing for the 13th consecutive month and is the highest reading since May 2004, when the index registered 61.4 percent.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-10-02
CTE source: https://ctemag.com/news/ism-manufacturing-expands-608-september-highest-2004/
Legacy path: /ism-manufacturing-expands-608-september-highest-2004