Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
11/1/2012 10:30:00 AM Write a Letter to the Editor Write a letter to the Editor

ISM Manufacturing Index Rises to Highest Level Since May

U.S. manufacturing activity increased in October, the Institute for Supply Management said Thursday.

ISM’s monthly manufacturing index rose to a reading of 51.7, the highest since May, from 51.5 last month, ISM said.

Figures lower than 50 indicate contraction, while figures higher than 50 show expansion.

The reading topped economists’ median forecast of 51, Bloomberg reported.

The production index rose to a 52.4 reading from 49.5 in September, new orders increased to 54.2 from 52.3, and the employment index slipped to 52.1 from a three-month high 54.7.

ISM’s factory index measures manufacturing components of the economy.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement