Press "Enter" to skip to content

September manufacturing output remains on a growth track, reports ISM

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 61.1 (a reading of 50 or higher indicates growth), increasing 1.2% from August’s 59.9 reading. This represented the 16th consecutive month of growth, at a faster rate, coupled with September also representing the 16th consecutive month of growth for the overall economy. The September PMI is 0.7% above the PMI’s 12-month average, at 60.4, with March’s 64.7 being the high point and November 2020’s 57.7 being the low point.
Source: logistics Mgmt

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *