Latest ISM report shows manufacturing sector expanded in March 2012

Posted by scapozzola on 04/02/2012

Economic activity in the manufacturing sector expanded in March for the 32nd consecutive month, and the overall economy grew for the 34th consecutive month, according to the latest Manufacturing ISM Report On Business.

The Institute for Supply Management's monthly index climbed to 53.4 percent, an increase of 1 percentage point from February's reading of 52.4 percent, indicating expansion in the manufacturing sector for the 32nd consecutive month.

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