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Manufacturing Growth Suggested by ISM Survey
The Institute of Supply Management said its index of the manufacturing sector, also known as the Purchasing Managers Index, rose to 48.9 percent from 44.8 percent in June. That figure was better than...
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USA Leads Global Recovery-Evidence
Leadership is about action, not potential. Global Purchasing Managers Index (PMI) data shows that it is the USA, not China, that is leading the world out of the slowdown. Maybe the term SHOULD be...
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Precision Industry Sales In July Beat Seasonal Doldrums
Up five points over last July. PMPA’s Business Trends Index for July 2012 is 111, down substantially from last month’s adjusted value of 119, but still well above last year’s July value of 106 and July...
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February 2013 ISM PMI Increases to 54.2
In the words of PMPA’s economics advisor, Dr. Ken Mayland, “The factory sector wants to grow. Orders were better (57.8, up 4.5 points), production was better (57.6, up 4.0 points), and the order...
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