Manufacturing activity is up in November for third straight month, reports ISM

//Manufacturing activity is up in November for third straight month, reports ISM

Manufacturing activity is up in November for third straight month, reports ISM

By | 2016-12-04T01:16:18+00:00 December 4th, 2016|feed news|Comments Off on Manufacturing activity is up in November for third straight month, reports ISM

The PMI, the index used by the ISM to measure growth, was 53.2 in November, which was 1.3 percent ahead of October, while growing for the third straight month, as well as the highest level the PMI has reached, going back to February 2015’s 53.3 and a five-month high going back to July’s 52.6. And the November PMI was 2.2 percent above the 12-month average of 51.0, with the over all economy growing for the 90th consecutive month.