ACC: PMI data show signs of improving business conditions for manufacturing sector

08/5/2013 |

A 4.5-point jump in the U.S. Manufacturing Purchasing Managers' Index last month signals "business conditions in the manufacturing sector are improving," according to the American Chemistry Council. The PMI, now at 55.4, is the highest it has been in two years. Big increases in production and new orders contributed to the rise, ACC noted.

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