Daily News

View All News

Manufacturing's pace of growth slows

March 01, 2010

The Institute for Supply Management's key purchasing managers' index for manufacturing continued its growth in February but at a slower pace than in January.

February's index reading of 56.5 was down from January's reading of 58.4. However, readings of more than 50 indicate expansion.

The employment portion of the index rose to a reading of 56.1 from 53.3.