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Manufacturing remains on a growth track in May, reports ISM

Manufacturing remains on a growth track in May, reports ISM

ISM said that the report’s key metric, the PMI, at 61.2 (a reading of 50 or higher indicates growth), saw a 0.5% increase, from April to May. This marked the twelfth consecutive month of PMI growth, coupled with May also representing the twelfth consecutive month of growth for the overall economy.


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1 June 2021, 20:31