Manufacturing output finishes 2012 on a high note

摘要

Manufacturing output showed growth in December for the third time in the last seven months, according to the December Manufacturing Report on Business from the Institute for Supply Management (ISM). The PMI, the index used by the ISM to measure manufacturing activity, was 50.7 in December, representing a 1.2% gain over November's 49.5, which was the lowest level for the PMI since July 2009, when it dropped to 49.2. A reading of 50 or higher indicates growth.