people working with lumber on a manufacturing floor

December PMI at 47.2%, GDP Growing at 1.3%

Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply ManagementManufacturing Business Survey Committee: “The December PMI registered 47.2%, a decrease of 0.9% from the […]

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