Midwest Manufacturing Sector Sees Slower Growth in January

Politics FOXBusiness

The Institute for Supply Management-Chicago’s PMI index shows manufacturing in the region slowed to 59.6 in January, slightly higher than Wall Street’s estimate of 59, but down slightly from December’s 60.8. The new orders sub-component surged to 64.6 from 43.9 the month prior. Readings above 50 point to expansion, while those below indicate contraction.

Continue Reading Below

What do you think?

Click the button below to comment on this article.