Wall Street Journal (09/02/14) Kathleen Madigan
The Institute for Supply Management’s purchasing managers’ index increased from 57.1 in July to 59.0 in August, surprising economists and indicating that the U.S. economy will see greater expansion during the second half of the year. It was the best reading since March 2011. However, international crises could sidetrack the recovery.
Last month experienced the most manufacturing activity since April 2010, according to a Markit factory survey.
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