The Institute for Supply Management (ISM) reported today in its most recent edition of its Manufacturing Report on Business that manufacturing grew in July.
The PMI, the ISM’s index to measure growth, increased 1.8 percent to 57.1 in July (a PMI of 50 or greater represents growth). This is 1.8 percent higher than the 12-month average of 55.3. The PMI has grown in 18 of the last 20 months, with economic activity in the manufacturing sector expanding for the last 14 months as the overall economy was up for the 62nd consecutive month.
To read the complete article, please click here.
SC
MR
Latest Supply Chain News
- AI is reshaping the last meter of delivery
- Last-mile delivery success begins before the driver arrives
- The Digital Supply Chain Imperative: From Visibility to Execution
- Elucidating import container flows: A simulation study of Port of New York/New Jersey
- AI runs on compute; scaling it runs on logistics
- More News
Latest Podcast
Explore
Topics
Latest Supply Chain News
- Wayfair executive to share lessons from building a tech-driven delivery network in NextGen Keynote
- Surging AI adoption doesn’t match mass layoff narrative
- Tillamook turns supply chain planning into growth engine
- Schneider Electric again tops Gartner’s Top 25 Supply Chain rankings
- The real reason supply chain tech ROI falls short
- Why supply chains fail at launch: It’s not the plan, it’s the execution
- More latest news
Latest Resources
About the Author
Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
Follow SCMR on social media.
@SupplyChainManagementReview on Facebook
@SCMR on Twitter
SCMR on Linkedin
Subscribe
Supply Chain Management Review delivers the best industry content.
Editors’ Picks
