PMI stays in growth mode
The Purchasing Managers Index increased one point in September to 51.6 percent, indicating expansion in the manufacturing sector for the 26th consecutive month, at a slightly higher rate. Bradley Holcomb, chair of the Tempe, Ariz.-based Institute for Supply Management's Manufacturing Business Survey Committee said, “Comments from respondents generally reflect concern over the sluggish economy, political and policy uncertainty in Washington, and forecasts
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