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Home » Purchasing managers index bumps up

Purchasing managers index bumps up

April 10, 2002
More about:  Economy
Purchasing managers index bumps up

Economic activity in the manufacturing sector grew for the second consecutive month in March, according to the monthly survey of purchasing executives by the Institute for Supply Management. The overall economy grew for the fifth consecutive month, say the nation's supply executives. ISM's PMI is 55.6 percent in March, an increase of 0.9 percentage point from the 54.7 percent reported in February.


ISM's New Orders Index rose from 62.8 percent in February to 65.3 percent in March. ISM's Production Index declined 3.4 percentage points from 61.2 percent in February to 57.8 percent in March. The ISM Employment Index is at 47.5 percent for March, an increase of 3.7 percentage points when compared to the 43.8 percent reported in ...

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Purchasing managers index bumps up

Economic activity in the manufacturing sector grew for the second consecutive month in March, according to the monthly survey of purchasing executives by the Institute for Supply Management. The overall economy grew for the fifth consecutive month, say the nation's supply executives. ISM's PMI is 55.6 percent in March, an increase of 0.9 percentage point from the 54.7 percent reported in February.


ISM's New Orders Index rose from 62.8 percent in February to 65.3 percent in March. ISM's Production Index declined 3.4 percentage points from 61.2 percent in February to 57.8 percent in March. The ISM Employment Index is at 47.5 percent for March, an increase of 3.7 percentage points when compared to the 43.8 percent reported in February.

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