12/24/2024

ISM Manufacturing Index Signals Continued Expansion in April

The battered U.S. factory sector has stabilized, though it remains far from full health.

The Institute for Supply Management on Monday said its index of manufacturing activity fell to 50.8 in April from 51.8 in March. For a second straight month, however, the measure remained above 50, the threshold that divides expansion from contraction.

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