ISM Manufacturing Index Points to Continued Growth

U.S. manufacturing expanded for the 14 th consecutive month, the Institute for Supply Management reported, as its monthly PMI index rose to 57.1% in July from 55.3% in June. The new orders index showed healthy growth, registering a 4.5 point gain to 63.4% in July from the 58.9% reading in June. The employment index also indicated solid growth, up 5.4 points to 58.2%. The production index grew, up 1.2 points to 61.2%. Content Classification:  Curated read more