Manufacturing expanded in August, PMI® at 61.3%

September 13, 2018 12:25 pm

August’s PMI® registered 61.3 percent, an increase of 3.2 percentage points from the July reading of 58.1 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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