Steel Products
March 4, 2013
ISM PMI Rises to 54.2% in February
Written by Sandy Williams
Written by: Sandy Williams
Activity in the manufacturing sector continued to improve in February according the latest Institute for Supply Management Manufacturing Report on Business. The February PMI (Purchasing Managers Index) registered at 54.2, indicating growth in the manufacturing sector for the third consecutive month since its drop below the neutral point to 49.9 in November 2012. The PMI was it its highest reading since June 2011 when it registered at 55.8 percent.
