America’s economy continued growing in February 2019 according to two indicators from the Institute for Supply Management. Each month they survey purchasing managers from firms representing the manufacturing and services segments of the economy. In this latest survey, each side was well above minimum levels associated with growth.
Economic output seems to have moderated in July 2018 according to the latest from the Institute for Supply Management. Both of their indices (representing manufacturing and services) pulled back from rather elevated levels as the second half of the year got underway. However, output is still growing even if it is decelerating.
America’s economic expansion showed no signs of fatigue in December 2017 according to data from the Institute for Supply Management. Both sides of the economy maintained readings well above the breakeven level of 50.0. The cyclically sensitive manufacturing segment accelerated to a reading of 59.7 (a 14-year high) from the already impressive tally of 58.2 in November. Se