Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 17th consecutive month of growth, according to the latest Manufacturing ISM Report on Business. “The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1 percent,” according to Timothy R. Fiore, CPSM, C.P.M., […]
Category: covid
Real GPD Grows 2%
Real gross domestic product (GDP) increased at an annual rate of 2% in the third quarter of 2021, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7%. The GDP estimate released Thursday is based on source data that are incomplete or subject to further […]
