United States – the manufacturing index is nearly 50 points
Due to the improved sales outlooks the pessimism of the manufacturing companies decreases in the U.S.: the purchasing manager index of the ISM Institute rose from 44.8 points to 48.9 points in July.
Analysts expected the value of about 46.5 points, so the data is less than a positive surprise.
The value of the purchasing manager index of the ISM Institute has been steadily rising since last December. In the last month, approached the expansion / shrinkage limit of the 50 points (48.9 points). This means that it is only slightly more people were those, who thought that deterioration is expected – reports Portfolio.hu.
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