Economy

December Sees U.S. Manufacturing Sector Edge Towards Growth: ISM Report

US Manufacturing Sector Shows Signs of Improvement in December

According to the latest report from the Institute for Supply Management (ISM) released on Friday, the United States manufacturing sector experienced a slight improvement in December, although it remained in contraction. The Purchasing Managers' Index (PMI) increased to 49.3, up from 48.4 in October, indicating a gradual move towards growth.

This uptick in the PMI suggests a slow but steady recovery in the manufacturing sector, despite the challenges faced. Stay tuned for more updates and detailed analysis on this developing story.