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Manufacturing Reaches 14-Month High, Wood Products Lead

posted on July 3, 2020
Manufacturing is the strongest it has been in 14 months, bouncing back stronger than expected in the month of June.
The Institute for Supply Management (ISM) reported a 52.6 reading for its manufacturing index in June, an improvement over the 49.5 many economists had predicted. It's the strongest number since April of 2019 and after three straight months of contraction. Read more