September Manufacturing Activity Highest Since April 2011: ISM

[Purveyor]

Source: REUTERS

NEW YORK | Tue Oct 1, 2013 10:05am EDT

(Reuters) - The U.S. manufacturing sector last month expanded at its fastest pace in almost 2-1/2 years, an industry report showed on Tuesday, while firms added the most workers in 15 months.

The Institute for Supply Management (ISM) said its index of national factory activity rose to 56.2 in September from 55.7 in August, marking its highest level since April, 2011.

Economists polled by Reuters had expected September's index to slip to 55. A reading above 50 indicates expansion.

Employment jumped to 55.4, its highest since June, 2012. It stood at 53.3 in August. The forward-looking new orders index, however, slipped to 60.5 from 63.2.

Read more: http://www.reuters.com/article/2013/10/01/us-usa-economy-manufacturing-idUSBRE9900P520131001

[madrchsod]

1. despite the best efforts of the republican party to eradicate jobs

just like weeds ,jobs just keep growing.

[seabeckind]

2. Depends

on how you define a manufacturing job.

ala Reagan.