Good news for those involved in the Manufacturing Sector came out today with the report from the The Institute for Supply Management said that its manufacturing index rose to 56 in June. The reading marked the fifth consecutive month of growth. The reading was above the May reading of 55 and higher than the market expectation of 55.4, numbers above 50 indicates growth.
The top performing industries according to this report in June were petroleum and coal products; chemical products; plastics and rubber products; food, beverage and tobacco products; nonmetallic mineral products; computer and electronic products; paper products; fabricated metal products; primary metals; miscellaneous manufacturing; textile mills; and machinery.
No comments:
Post a Comment