Great news – U.S. manufacturing hits highest level since 2011

Showing more signs of an economic warming trend, the August PMI from the Institute for Supply Management came in at 59 percent, a 1.9 percentage point boost from July and the highest reading since March 2011. Read the full ISM release here.

Meanwhile, financial data firm Markit also reported expansion in factory activity, in addition to gains in industry employment. Full story here via Reuters.

Categories: Economy/Markets

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