The Institute For Supply Management (ISM) just released a report that economic activity in the manufacturing sector expanded in July for the 14th consecutive month, and the overall economy grew for the 62nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. "The July PMI® registered 57.1 percent, an increase of 1.8 percentage points from June's reading of 55.3 percent, indicating expansion in manufacturing for the 14th consecutive month. The New Orders Index registered 63.4 percent, an increase of 4.5 percentage points from the 58.9 percent reading in June, indicating growth in new orders for the 14th consecutive month.
You can read the entire article at http://www.ism.ws/ISMReport/MfgROB.cfm?navItemNumber=12942.
Needless to say we here at Salon Interiors are very encouraged by the news since we are big supporters of our fellow American owned companies. Supporting manufacturers that keep our own citizens working productively is important to the success of our country and its people as a whole.
Here's hoping we all continue this trend for everyone's benefit.