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Manufacturing Shows Economic Strength

September 08, 2020

ISM Manufacturing Purchasing Managers IndexThe latest ISM Manufacturing Purchasing Managers Index increased month-over-month to 56 from 54.2. The reading exceeded the 54.5 forecast and was the highest since January 2019. It was the fourth consecutive month of increases for the survey of 400 industrial companies. The index measures new orders, backlog, production and other factors.

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