Manufacturing expanded in August, PMI® at 58.8%

September 3, 2017 2:45 pm

August’s PMI® registered 58.8 percent, an increase of 2.5 percentage points from the July reading of 56.3 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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