Manufacturing industry sees growth

/wp-content/uploads/2022/11/BR_web_311x311.jpeg

The U.S. manufacturing industry posted its 15th consecutive month of growth in October and grew at a faster rate than in September, according to a report from the Institute for Supply Management.

The PMI, the institute’s strength measurement index, was 56.9 percent in October, up 2.5 percentage points from September. A reading above 50 indicates that the manufacturing economy is in a period of expansion.

oakridge web 120124 2 300x250