U.S. Manufacturing Outlook Improves for First Time Since 2022 (.PDF Download)
The U.S. manufacturing sector could begin expanding this spring according to ISM’s latest Purchasing Managers’ Index.
April 22, 2024
If the Institute for Supply Management’s new Report On Business® Roundupis any indicator, the national manufacturing sector may kick into expansion mode as early as spring of this year. The group’s composite Purchasing Managers’ Index (PMI) rose to 50.3% in March, marking the first real indication of expansion since September 2022.
