Today’s Manufacturing print - 60.4 - the result of a diffusion index; any level north of 50 signifies expansion.
The Institute for Supply Management surveys some 300 firms, regarding production, new orders, inventories, deliveries and employment. The March read was 61.2.
We all know that Manufacturing has been the paladin of the recovery, expanding robustly the last 21 months, employment included. April the pace slowed a tad, but it’s still healthy.
Robert Craven
The Institute for Supply Management surveys some 300 firms, regarding production, new orders, inventories, deliveries and employment. The March read was 61.2.
We all know that Manufacturing has been the paladin of the recovery, expanding robustly the last 21 months, employment included. April the pace slowed a tad, but it’s still healthy.
Robert Craven
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