Steel Products
February 4, 2013
ISM Purchasing Managers Index Rises to 53.1%
Written by Sandy Williams
Written by: Sandy Williams
The New Year began with promise for U.S. manufacturers. The ISM Manufacturing PMI registered 53.1 percent in January signaling expansion in the manufacturing sector for the second consecutive month and increasing 2.9 percent from December’s seasonally adjusted rate of 50.2. The overall economy rose for the 44th consecutive month according to supply executives in the latest Manufacturing ISM Report on Business.
