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February 1, 2017 @ 4:29 pm

BREAKING NEWS - PMI Hits 56.0 - but there is more…

Mr. Brad Holcomb, ISM Committee Chair for the Manufacturing Report on Business(R) presents the just released and northward-bound PMI number along with the all-important sub-indices of New Orders, Production, Employment, Supplier Deliveries and Inventories of raw materials or components used to make parts and products in manufacturing that show significant expansion in this critical industry sector. The comments from survey respondents support strongly improving conditions in manufacturing and the very favorable jump in the components of the PMI which are each weighted at 20%. Tune in to hear about New Orders - the key driver of manufacturing, as well as where expenditures for capital equipment may be headed in 2017.

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