The Manufacturing ISM Report On Business® continued showing mixed results for 2011 Q4. Though manufacturing expanded for the 28th consecutive month, employment dropped nearly 2%. It’s either good news or bad news depending on which side of the paycheck you’re on.
PMI grew slightly by 1.9% but the best of news is a 6.5% increase of production which maintained a positive turnaround starting in September. Raw Aluminum showed lower pricing which will positively affect the profit margin of most metal manufacturers. Read the latest report.