Pantheon Macroeconomics - The elevated readings from the ISM manufacturing survey this year have not been followed by rapid growth in output. The headline ISM averaged 55.8 in the second quarter, a solid if unspectacular reading. But output rose by only 1.2% year-over-year, and by 1.4% on a quarterly annualized basis.

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17 August 2017 The Manufacturing Recovery Continues, but no Boom in Sight

By Ian Shepherdson

The elevated readings from the ISM manufacturing survey this year have not been followed by rapid growth in output. The headline ISM averaged 55.8 in the second quarter, a solid if unspectacular reading. But output rose by only 1.2% year-over-year, and by 1.4% on a quarterly annualized basis.

Posted: 16th Aug 2017 in 'U.S. Documents'

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Keywords for: U.S. Documents | 17 August 2017 The Manufacturing Recovery Continues, but no Boom in Sight

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