The report’s key metric, the PMI, came in at 53.0 (a reading of 50 or higher indicates growth), for a 3.1% decrease compared to May’s 56.1 reading, marking the 25th consecutive month of growth, at a faster rate, as well as the 25th consecutive month of overall economic growth.
Source: logistics Mgmt
June manufacturing output falls with growth still intact, reports ISM
More from News,More posts in News, »
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
- Truckers waiting out slow first half of year in hopes of solid demand later
Be First to Comment