Skip to Content

Growth in US manufacturing up in August despite problems

<i></i><br/>
KMIZ

By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) — Growth in U.S. manufacturing accelerated in August despite the fact that companies were still struggling with supply chain problems. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its index of manufacturing activity rose 0.4 percentage point in August to 59.9. Any reading above 50 indicates growth in the manufacturing sector. August marked the 15th consecutive month that manufacturing has grown after contracting in April 2020 when the coronavirus pandemic triggered nationwide business shutdowns.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content