PMI Rises To 62.5 Percent

Economic activity in the manufacturing sector grew in March for the 10th consecutive month, while the overall economy grew for the 29th consecutive month, according to the latest survey of purchasing managers by the Institute for Supply Management (ISM), Tempe, Ariz. ISM’s Purchasing Managers Index is 62.5 percent in March, an increase of 1.1 percentage points when compared to 61.4 percent in February.

“The manufacturing sector had another good month in March as the PMI has now been a

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