July Manufacturing ISM Report: PMI at 57.1%

August 1, 2014
Bradley J. Holcomb, chair of the Institute for Supply Management Manufacturing Business Survey Committee, says, "The July PMI registered 57.1%, an increase of 1.8 percentage points from June's reading of 55.3%, indicating expansion in manufacturing for the 14th consecutive month. The New Orders Index registered 63.4%, an increase of 4.5 percentage points, indicating growth in new orders for the 14th consecutive month.
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