Repost: July 2019 Manufacturing ISM® Report On Business®


Economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 123rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

PMI® at 51.2%

“The past relationship between the PMI® and the overall economy indicates that the PMI® for July (51.2 percent) corresponds to a 2.5-percent increase in real gross domestic product (GDP) on an annualized basis,”

New Orders, Production, and Employment Growing

Supplier Deliveries Slowing at a Faster Rate;
Backlog Contracting
Raw Materials Inventories Contracting;
Customers’ Inventories Too Low

Prices Decreasing; Exports and Imports Contracting
LINK TO PMI REPORT HERE

Recent Posts

Artisan Logistics Inc | 1 Windsor Cove | Ste 403 | Columbia | SC | 29223

  

Phone: 803-712-4931 | Fax:  803-712-4922 | Email: ops@artisanlogistics.com

 

 Customer Links | Social Media  | Careers