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View All NewsManufacturing index jumps in July
August 01, 2014
The Institute for Supply Management’s purchasing managers index for U.S. manufacturing rose to a reading of 57.1 in July from 55.3 in June — the highest reading for the year. Readings above 50 indicate growth.
The employment portion of the index jumped to a reading of 58.2 in July from 52.8 in June. Marketwatch reports this is its highest level since June 2011.