National Manufacturing Growth Highest in Six Years

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The Institute for Supply Management (ISM) PMI manufacturing index registered 58.8 in August, its highest level since April 2011, indicating that manufacturing is expanding nationwide.  Employment, Backlog of Orders and Production were up and 14 of 18 manufacturing sectors reported growth.  The index has now indicated manufacturing growth for 12 consecutive months and overall economic growth for 99 consecutive months.

 

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