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Manufacturing ends 2021 with sequential decline but still on a growth track

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy.

source https://www.supplychain247.com/article/manufacturing_ends_2021_with_sequential_decline_but_still_on_a_growth_track

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