US Manufacturing Settles Into Solid Pace of Expansion

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released Thursday showed.

Highlights of ISM Manufacturing (May)

Factory index little changed at 54.9 (est. 54.8) from 54.8 in April; readings above 50 indicate growth ISM’s gauge of new orders increased to 59.5 from 57.5 Measure of production eased, while employment index picked up 15 of 18 manufacturing industries reported growth

Key Takeaways

Stronger orders growth represents resilient sales that will keep manufacturing driving forward. Factory managers have registered more optimism about conditions so far in 2017 amid steady domestic demand and global growth that looks more promising. The ISM’s employment figures are consistent with projections that the Labor Department on Friday will report a pickup in factory payrolls.

Stable overseas demand is helping to keep a floor under



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!