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Tag Archives: Institute for Supply Management

Manufacturing in Midwest, including Minnesota, slumps in October

Conditions in Minnesota and other central U.S. factories fell yet again as manufacturers in October struggled with a drop in wholesale farm and energy prices and the strong U.S. dollar, according to a widely watched economic report released Monday. The Creighton University Mid-America Business Conditions Index also found that employment fell throughout its nine-state region as manufacturers let workers ago ...

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US manufacturing growth improves in June; hiring jumps

WASHINGTON — U.S. manufacturing growth improved in June, helped by a jump in employment. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose to 53.5 last month from 52.8 in May. Manufacturing activity matched January’s level for the highest this year. Any reading above 50 signals expansion. Manufacturing growth has accelerated ...

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Midwest manufacturers bucked the national trend, showed January growth

Minnesota and other Midwest manufacturers posted strong growth in January, bucking a slowdown seen nationally, according to two closely watched economic reports released Monday. Creighton University reported that its nine-state Mid-America Business Conditions Index rose in January, despite a slowdown in agricultural equipment sales and fresh layoffs planned for John Deere and the energy-related firms Helmerich and Payne. Thanks to ...

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US factories grow at slowest pace in 6 months

WASHINGTON — U.S. factory activity grew at the slowest pace in six months in December, weakened by declines in orders and production. Yet growth was still healthy, a sign manufacturing may help drive the economy’s expansion in 2015 as it did last year. The Institute for Supply Management, a trade group of purchasing managers, said Friday that its manufacturing index ...

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