Manufacturing expanded in July, PMI® at 58.1%

August 7, 2018 10:48 am

July’s PMI® registered 58.1 percent, a decrease of 2.1 percentage points from the June reading of 60.2 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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