The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management^® (ISM^®) Manufacturing Business Survey Committee. Economic activity in the manufacturing sector expanded in April for the fourth consecutive month, say the nation’s supply executives in the latest ISM^® Manufacturing PMI^® Report. “The Manufacturing PMI^® registered 52.7% in April, the same reading as March. The overall economy continued in expansion for the 18th month in a row. (A Manufacturing PMI^® above 47.5%, over a period of time, generally indicates an expansion of the overall economy.) The Employment Index registered 46.4%, down 2.3 percentage points from March’s figure of 48.7%,” says Spence.  April

• Category: Learning News
• Tag: economy, employment, ISM, manufacturing, PMI, Susan Spencer