ISM's January manufacturing data shows strong momentum to begin 2011

摘要

BUILDING ON THE SUCCESS of a solid 2010, the manufacturing sector is off to a promising start in 2011, according to the Institute of Supply Management's January Manufacturing Report on Business. The ISM reported that the index it uses to measure the manufacturing sector-also known as the PMI-was 60.8 in January, which is 2.3% of December's 58.5 and marks the highest level the PMI has seen since May 2004's 61.4.