PMI at 60.4% in April, up from 59.6% in March. Any reading above 50 shows expansion. From the Institute for Supply Management: April 2010 Manufacturing ISM Report On Business® Economic activity in the manufacturing sector expanded in April for the ninth consecutive month, and the overall economy grew for the 12th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®
ISM Manufacturing Index Shows Expansion in April