Business

Manufacturing sector activities continue to expand

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The world’s leading economy continues to show further improvement in overall activities especially in the manufacturing sector where it expanded for the first time throughout the worst financial crisis since the Great Depression in the month of August and continued to expand for the sixth consecutive month.

The Institute of Supply and Management released its manufacturing index for the month of January showing a rise of 58.4 compared with the previous reported estimate of 55.9, coming in above markets expectations of 55.6, an expansion which has been going on since August when the ISM manufacturing index expanded for the first time since February 2008.

Full story: Manufacturing sector activities continue to expand , Top Story – ecPulse.com