Business

US Manufacturing Continues to Expand as Business Confidence Rises, Price Pressures Ease

By Tom Ozimek

Copyright theepochtimes

US Manufacturing Continues to Expand as Business Confidence Rises, Price Pressures Ease

S&P Global’s flash Purchasing Managers’ Index (PMI), released on Sept. 23, showed that the manufacturing activity index came in at 52.0 in September, down slightly from 53.0 in August, signaling continued growth in factory conditions. Readings above 50 indicate expansion.