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ISM Manufacturing Index Bounces Back from 2-Year Low in March
Monday, 1 April 2019 21:13 WIB | ECONOMY | Indeks manufaktur AS

The rate of growth in the economy's manufacturing sector picked up in March, rebounding from a two-year low hit a month earlier.

The Institute of Supply Management said its manufacturing purchasing managers' index rose to 55.3 in March from 54.2 the previous month. February's reading had been its lowest level since November 2016.

Economists had forecast a reading of 54.5.

A reading above 50 for the index indicates expansion in the sector and a reading below 50 signals contraction.

Source : Investing.com

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