Monday, May 02, 2016

ISM Manufacturing Report on Business: April 2016

Today, the Institute for Supply Management released their latest Report on Business for the manufacturing sector indicating that manufacturing activity slowed in April staying just above the contraction level for a second straight month.

At 50.8 the purchasing manager’s composite index (PMI) declined 1.93% from March and fell 1.36% below the level seen a year earlier.