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Manufacturing Activity Continues to Grow in April

Manufacturing Activity Growth in April

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Along with manufacturing, the overall economy has seen growth for the 11th month in a row, according to the Institute for Supply Management’s monthly report.

The Purchasing Managers Index (PMI) for April was 60.7%, well above the 50% level that indicates a growing economy. All six of the biggest manufacturing industries registered at least moderate growth in April. However, the industry is still not without it’s struggles. Shortages of basic materials, rising prices, and difficulties in transporting products are among the issues that continue to affect the manufacturing economy.

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