The manufacturing sector continued to grow in December, but at a slightly lower rate compared to November, according to data released by the Institute for Supply Management on Tuesday. The data, taken before the full effect of the omicron variant was felt, pointed to the same big picture of healthy ... READ MORE >
PMI
CHART OF THE DAY: U.S. IHS Markit August manufacturing PMI reaches highest point since early 2019
According to data released by IHS Markit, manufacturers noted improvement in operating conditions midway through the third quarter, as highlighted by the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index. The index posted a reading of 53.6 in August, up from 50.9 in July. The overall rate of ... READ MORE >