The January 2017 Manufacturing ISM Report On Business, a national report that reflects the state of manufacturing throughout the United States, showed increased economic activity in manufacturing in the month of January, with overall economic growth for the 92nd consecutive month. The report, which is distinct from the various regional reports available, is compiled and published by The Institute for Supply Management (ISM) Manufacturing Business Survey Committee, Tempe, Ariz.
"The January PMI registered 56 percent, an increase of 1.5 percentage points from the seasonally adjusted December reading of 54.5 percent," said Bradley J. Holcomb, CPSM, CPSD, chair of the Manufacturing Business Survey Committee. "The PMI, New Orders, and Production Indexes all registered their highest levels since November of 2014, and comments from the panel are generally positive regarding demand levels and business conditions."
Author
Evan Jones Thorne, who served as associate editor of Cutting Tool Engineering magazine through February 2017, holds a bachelor’s degree in English and communications from Northern Illinois University. Evan joined Cutting Tool Engineering in October 2013.
