Manufacturing expanded in April, PMI® at 54.8%

May 10, 2017 7:58 am

April’s PMI® registered 54.8 percent, an decrease of 2.4 percentage points from the March reading of 57.2 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Read the full report here.

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