The Institute for Supply Management issued their monthly report today outlining expansion in the U.S. manufacturing sector for November. The ISM covers 18 manufacturing sectors – 13 of which grew in November. For the full article click here.
Employment indicators report the 26th consecutive month of growth. Survey respondents report labor related issues (mainly labor supply shortages) as a key constraint to production capability.
Raw Materials prices increased for the 33rd consecutive month, but the rate of price growth has slowed for the first time on over a year.
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