Purchasing Managers Index Rises To 66.2 Percent

Economic activity in the manufacturing sector grew in December for the sixth consecutive month, while the overall economy grew for the 26th 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 66.2 percent in December, an increase of 3.4 percentage points when compared to 62.8 percent in November.

“With the PMI growing at an accelerating rate, the manufacturing sector enjo

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