WNY Manufacturing Trending Above U.S.

Photo: Billings Sheet Metal, Olean, NY

Photo: Billings Sheet Metal, Olean, NY

The Institute of Supply Management – Buffalo’s PMI Index climbed to 81.6 in September from 73.1 in August, its fourth increase in the last five months.  The Buffalo area index topped the well-known national ISM index for the 17th time in the last 18 months, suggesting that manufacturing grew faster in our area than in the nation as a whole.  The Production sub-index was up sharply, climbing 27.2 points to 91.7.  New Orders and Employment were also up, while Vendor Deliveries and Commodity Prices grew at a slower rate.  See the full report here: ISM Sept 2018

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