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Manufacturing Survey, US
The pace of growth in the US manufacturing sector rose in August to its highest level since March 2011, according to an industry report released Tuesday. The Institute for Supply Management (ISM) said its index of national factory activity rose to 59.0 from 57.1 the month before. A reading above 50 indicates expansion in the…
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Manufacturing Index, US
The US manufacturing sector expanded in August, with the rate of growth exceeding expectations and moving at the fastest pace in more than four years, an industry report showed on Thursday. Financial data firm Markit said its preliminary or “flash” US Manufacturing Purchasing Managers Index rose to 58 in August, which was its highest since…
