Friday, April 01, 2016

ISM Manufacturing Report on Business: March 2016

Today, the Institute for Supply Management released their latest Report on Business for the manufacturing sector indicating that manufacturing activity improved in March rebounding back into expansion after five consecutive months of contraction.

At 51.8 the purchasing manager’s composite index (PMI) rose 4.65% from February and rose 0.58% above the level seen a year earlier.