The Associated Press reports today:
The Institute for Supply Management, a trade group of purchasing executives, said its manufacturing index read 55.9 in December after 53.9 in November. A reading above 50 indicates growth.
That is the fifth straight month of expansion and the highest reading for the index since April 2006.
The ISM report said new orders, a future of future production, jumped last month to 65.5 from 60.3 in November. Indexes measuring production and employment also rose.
A very positive trend indeed for the start of the new year.
Dave Gardner, Gardner & Associates Consulting