Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. Yet, the January PMI registered 51.3 percent, a decrease of 5.2 percentage points from December's seasonally adjusted reading of 56.5 percent.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2014-02-03
CTE source: https://ctemag.com/news/january-pmi-drops-sharply/
Legacy path: /january-pmi-drops-sharply