PMI? at 47.2%
GDP Growing at 1.3%
(Tempe, Arizona) — Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation's supply executives in the latest Manufacturing ISM? Report On Business?.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management? (ISM?) Manufacturing Business Survey Committee: "The December PMI? registered 47.2 percent, a decrease of 0.9 percentage point from the November reading of 48.1 percent. This is the PMI?'s lowest reading since June 2009, when it registered 46.3 percent.
more.......
GDP Growing at 1.3%
(Tempe, Arizona) — Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation's supply executives in the latest Manufacturing ISM? Report On Business?.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management? (ISM?) Manufacturing Business Survey Committee: "The December PMI? registered 47.2 percent, a decrease of 0.9 percentage point from the November reading of 48.1 percent. This is the PMI?'s lowest reading since June 2009, when it registered 46.3 percent.
more.......