U.S. Manufacturing Expanded in December, Led by Strong Growth in Employment - ISM
Tweet Send to a Friend
U.S. manufacturing expanded for the 43rd consecutive month in December with an uptick in employment as well.
The Institute for Supply Management (ISM) purchasing-managers index (PMI) rose 1.2 points to 50.7 percent last month. The Street consensus called for a reading of 50.5 percent.
The average reading over the last 12 months was 51.7 percent, with a high of 54.8 and low of 49.5 percent.
Employment saw a 4.3 point pop to 52.7 percent while Supplier Deliveries rose 4.4 points to 54.7 percent.
New orders were flat at 50.3 percent.
Results above 50 indicate expansion in a segment and the opposite for results below 50.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The Institute for Supply Management (ISM) purchasing-managers index (PMI) rose 1.2 points to 50.7 percent last month. The Street consensus called for a reading of 50.5 percent.
The average reading over the last 12 months was 51.7 percent, with a high of 54.8 and low of 49.5 percent.
Employment saw a 4.3 point pop to 52.7 percent while Supplier Deliveries rose 4.4 points to 54.7 percent.
New orders were flat at 50.3 percent.
Results above 50 indicate expansion in a segment and the opposite for results below 50.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Crude Inventory Gains 313K Barrels vs 500K Decline Expected
- June NAHB Housing Market Index 52 vs 45 Expected
- Q1 Account Balance -106.1 Billion vs -111.3 Billion Expected
Create E-mail Alert Related Categories
Economic Data
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
