Day: April 2, 2021

Surging U.S. manufacturers grow faster in March as key ISM index hits 38-year high

MarketWatch (04/01/21) The numbers: American manufacturers grew faster in March as a key index hit a 38-year high, pointing to gathering momentum in the U.S. economy. The Institute for Supply Management said its manufacturing index jumped to 64.7% from 60.8% in the prior month. Readings over 50% indicate growth, and anything over 55% is considered exceptional. The increase surpassed Wall Street expectations. Economists surveyed by Dow

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Manufacturing Growth Continued in March

PRNewswire (04/01/21) Economic activity in the manufacturing sector grew in March, with the overall economy notching a 10th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report on Business. The manufacturing PMI registered 64.7%, an increase of 3.9 percentage points from the February reading of 60.8%. This figure indicates expansion in the overall economy for the 10th month in

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