Two reports show manufacturing continues to improve

For the sixth consecutive month, the Institute for Supply Management's Manufacturing Report on Business, shows that manufacturing expanded again in November, according to the nation's supply chain executives. The report, issued on Dec. 2, showed the Purchasing Manager's Index (PMI) registered 57.3%, an increase of 0.9% from October's reading of 56.4%.

"The PMI has increased progressively each month since June, with November's reading reflecting the highest PMI in 2013," commented Bradley J. Holcomb, chair of the Institute for Supply Management Manufacturing Business Survey Committee.

The New Orders Index for November rose 3.0% to 63.6% from 60.6% in October, showing a faster rate of growth, and the Production Index was up 2.0% in November to 62.8% from 60.8% in October....

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