Manufacturers reported an increase in activity in July
Thursday, August 01, 2013 2:54 PM
U.S. manufacturers reported a big jump in activity in July, with a key index reaching its highest level in over two years, MarketWatch reported. The Institute for Supply Management said its July manufacturing index surged to a reading of 55.4, up from 50.9 in June. That's the highest level since June 2011. Economists polled by MarketWatch had expected a reading of 52. Read more.