Tuesday, August 04, 2009

National Association of Purchasing Managers Report (Graph)

Economic activity in the manufacturing sector failed to grow in July for the 18th consecutive month, while the overall economy grew for the third consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The current index is 48.9 versus 44.8 in June. An increase of 4.1 percent.

A PMI reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent that it is generally declining. Institute for Supply Management
Subscribe to EF Hutton via Email

Follow E F Hutton on Twitter

Kindle: Amazon's 6" Wireless Reading Device