US manufacturing expands again in July

Source: AP-EXCITE

By PAUL WISEMAN

WASHINGTON (AP) — US manufacturing expanded for the 14th straight month in July.

The Institute for Supply Management, a trade group of purchasing managers, reports that its manufacturing index rose to 57.1, up from 55.3 in June.

Anything above 50 signals that manufacturing is growing.

FULL short story at link.



In this July 16, 2014 photo, a welder fabricates anchor bolts for roads and bridges at the custom manufacturer Fox Company Inc. in Philadelphia. The Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for July on Friday, Aug. 1, 2014. (AP Photo/Matt Rourke)


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