
ISM's PMI Hits 56 for Highest Reading of the Year
The U.S manufacturing sector expanded faster in August, according the Manufacturing ISM Report on Business. The August PMI rose 1.8 points to 56.0 in August for the highest reading of the year and indicated a fourth month of expansion after a contraction in April. The new orders Index jumped 6.1 points to 67.6 percent, while […]