Business Activity Index Expanded in June for a Ninth Straight Month

Business activity in the U.S. expanded in June for a ninth straight month, showing manufacturing is overcoming turmoil in financial markets. The Institute for Supply Management-Chicago Inc. said its business barometer fell to 59.1 this month, in line with the median forecast of economists surveyed by Bloomberg News, from 59.7 in May. Figures greater than 50 signal expansion.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.