Economic activity in the manufacturing sector expanded in July for the sixth consecutive month, while the overall economy grew for the 69th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
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Following a strong second quarter, the manufacturing sector moderated somewhat in the past month. In July, manufacturing expanded at its slowest pace in the last four months, but continuing strength in New Orders and Production indicate that third quarter performance should still be quite good, ISM reported. Upward pricing pressures now in their seventh month continue to be a major concern for supply managers.
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The 10 industries reporting growth in July & mdash; listed in order & mdash; are: Wood Products; Furniture …
Manufacturing Expands in July
Economic activity in the manufacturing sector expanded in July for the sixth consecutive month, while the overall economy grew for the 69th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
  ;
Following a strong second quarter, the manufacturing sector moderated somewhat in the past month. In July, manufacturing expanded at its slowest pace in the last four months, but continuing strength in New Orders and Production indicate that third quarter performance should still be quite good, ISM reported. Upward pricing pressures now in their seventh month continue to be a major concern for supply managers.
  ;
The 10 industries reporting growth in July & mdash; listed in order & mdash; are: Wood Products; Furniture …
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