Purchasing Managers Index jumps into positive territory. The PMI registered 51.5 percent, an increase of 1.9 percentage points from August’s reading of 49.6 percent, indicating a return to expansion after contracting for three consecutive months, according to the Institute for Supply Management (ISM), Tempe, Ariz. The ISM press release said its New Orders Index registered 52.3 percent, an increase of 5.2 percentage points from August, indicating growth in new orders after thr
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