Page 11 - உற்பத்தி வணிக கணக்கெடுப்பு குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
KUNA : Weekly jobless requests in US exceeds 700,000 last week - Economics
kuna.net.kw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuna.net.kw Daily Mail and Mail on Sunday newspapers.
Manufacturing PMI® at 64 7%; March 2021 Manufacturing ISM® Report On Business®
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
April 1, 2021
TEMPE, Ariz. â April 1, 2021 â Economic activity in the manufacturing sector grew in March, with the overall economy notching a 10th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:
“The March Manufacturing PMI® registered 64.7 percent, an increase of 3.9 percentage points from the February reading of 60.8 percent. This figure indicates expansion in the overall economy for the 10th month in a row after contraction in April. The New Orders Index registered 68 percent, up 3.2 percentage points from the February reading of 64.8 percent. The Production Index registered 68.1 percent, an increase of 4.9 percentage points compared to the February reading of 63.2 percent. The Backlog of Orders Index r
U S manufacturing surges most since 1983, underscoring rebound
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
© Getty Images
The Institute for Supply Management’s (ISM) monthly measure of manufacturing activity rose to its highest level since 1983 in March.
The closely watched Manufacturing PMI rose to 64.7 percent, up 3.9 points from February and the highest since the 69.9 percent reading in December 1983.
“Manufacturing performed well for the 10th straight month, with demand, consumption and inputs registering strong growth compared to February,” Timothy Fiore, chair of the ISM’s Manufacturing Business Survey Committee, said in a statement.
ADVERTISEMENT
Some of the increase may have reflected a rebound from February, when harsh winter storms hit the country and disrupted supply chains and delivery.