Supply Chain Management

U.S. manufacturers still going strong in July, ISM finds

By MarketWatch

Aug 03, 2017

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American manufacturers tapped on the brakes lightly in July but were still expanding near the fastest pace in three years, a good sign for the broader U.S. economy.

The Institute for Supply Management said its manufacturing index fell slightly to 56.3% last month after reaching a three-year high of 57.8% in June. Economists polled by MarketWatch expected a reading of 56.2%.

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