Manufacturing Sector Growth Hits 29 Months in a Row

Manufacturing continues to be the shining star in this recovery.  Several reports out this week underscore the fact that US factories continue to post solid results in a growing US economy.

The ISM report on business reported on Tuesday that their “PMI indicates growth for the 29th consecutive month in the overall economy, as . . . → Read More: Manufacturing Sector Growth Hits 29 Months in a Row

Jobs Growth in Chicagoland

The Chicago ISM survey of area purchasers was released on Wednesday. The purchasers manager’s index (PMI) rose sharply, up nearly 4 points to 60.0. This Chicagoland index has now posted gains for three months straight — all at accelerating rates (60.0 Dec, 56.1 Nov, 54.2 Oct).

The new orders have also held to over . . . → Read More: Jobs Growth in Chicagoland