U.S. Manufacturing Expands Again in July - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

U.S. Manufacturing Expands Again in July

Updated:

WASHINGTON (AP)- U.S. manufacturing expanded for the 14th straight month in July in a good sign for the overall economy.

The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, highest level since April 2011 and up from 55.3 in June.

Anything above 50 signals that manufacturing is growing.

Paul Dales, senior U.S. economist at Capital Economics, wrote in a research note that the index was consistent with overall economic growth of 3.5 percent.

The U.S. economy already has been showing renewed strength. Economic growth clocked in an impressive 4 percent annual pace from April through June after getting off to a bad start the first three months of the year. And the Labor Department said Friday that employers added more than 200,000 jobs in July for the sixth straight month. Factories created 28,000 jobs in July, most since November. Over the past year, manufacturers have added 178,000 jobs, best 12-month stretch of hiring since November 2012.

Dales wrote that the ISM report "suggests that manufacturing payrolls may soon start to rise by close to 50,000 a month rather than July's 28,000."

American factories have been busy. The Commerce Department reported last week that orders for durable goods rose 0.7 percent in June, and a category seen as a proxy for business investment plans rose a healthy 1.4 percent.

The ISM reported that new orders, production and employment at factories rose. Exports declined last month. Seventeen of 18 industries covered by the survey showed growth last month. Only wood products contracted.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Delaware Man Charged In Hawaii Nightclub Shooting

    Delaware Man Charged With Hawaii Nightclub Shooting

    09/21/2017 16:40:00 -04:002017-09-21 20:40:00 GMT
    Thursday, September 21 2017 4:45 PM EDT2017-09-21 20:45:57 GMT
    A Dover woman was arrested after providing officers with a fake name.A Dover woman was arrested after providing officers with a fake name.
    A former Delaware death-row inmate who brought an 18-year-old Delaware man to Hawaii to get a fresh start says the teen has been falsely accused of a deadly shooting because he's black.More
    A former Delaware death-row inmate who brought an 18-year-old Delaware man to Hawaii to get a fresh start says the teen has been falsely accused of a deadly shooting because he's black.More
  • Former Dover Airman to Plead Guilty in Child Sex Abuse Case

    Former Dover Airman to Plead Guilty in Child Sex Abuse Case

    09/22/2017 07:31:00 -04:002017-09-22 11:31:00 GMT
    Friday, September 22 2017 7:40 AM EDT2017-09-22 11:40:00 GMT
    Akeem BeazerAkeem Beazer
    A former Dover Air Force Base airman has agreed to plead guilty to charges involving the alleged sexual abuse of a teenage runaway.More
    A former Dover Air Force Base airman has agreed to plead guilty to charges involving the alleged sexual abuse of a teenage runaway.More
  • Salisbury City Police Obtain Surveillance Footage of Cook Out Assault

    Salisbury City Police Obtain Surveillance Footage of Cook Out Assault

    09/21/2017 17:18:00 -04:002017-09-21 21:18:00 GMT
    Friday, September 22 2017 7:29 AM EDT2017-09-22 11:29:31 GMT
    Cook OutCook Out
    Salisbury police are hoping that surveillance footage taken at the Cook Out restaurant on the city's south side will help them locate seven people who attacked four Salisbury University students early Saturday morning.More
    Salisbury police are hoping that surveillance footage taken at the Cook Out restaurant on the city's south side will help them locate seven people who attacked four Salisbury University students early Saturday morning.More
  • Most Popular VideosMost Popular VideosMore>>

  • Salisbury City Police Obtain Surveillance Footage of Cook Out Assault

    Salisbury City Police Obtain Surveillance Footage of Cook Out Assault

    Salisbury City Police are hoping that surveillance footage of an assault at Cook Out will help them in finding seven people who physically attacked four Salisbury University students in the early hours of Saturday morning.

    More

    Salisbury City Police are hoping that surveillance footage of an assault at Cook Out will help them in finding seven people who physically attacked four Salisbury University students in the early hours of Saturday morning.

    More
  • Woman Makes 125-Mile Journey Across Tubman Byway

    Woman Makes 125-Mile Journey Across Tubman Byway

    It's 9 a.m. and Mashona Council is beginning her day. After spending Wednesday night at the James Webb Cabin in Preston, Md., a stop near the Underground Railroad, she's gearing up for her journey. It's a journey she says is both literal and metaphorical. Council says she's walking the whole 125-miles of the byway for herself.

    More

    It's 9 a.m. and Mashona Council is beginning her day. After spending Wednesday night at the James Webb Cabin in Preston, Md., a stop near the Underground Railroad, she's gearing up for her journey. It's a journey she says is both literal and metaphorical. Council says she's walking the whole 125-miles of the byway for herself.

    More
  • Some Delaware Correctional Officers Concerned Over Rec. Time for Maximum Security Inmates

    Some Delaware Correctional Officers Concerned Over Rec. Time for Maximum Security Inmates

    Some correctional officers in Delaware are concerned about staffing accommodations for maximum security inmates at the Vaughn Correctional Center near Smyrna, a prison that experienced an inmate uprising in February in which a correctional officer died.

    Jurgen Burgoyne, a former correctional officer, said he and colleagues who still work at Vaughn are concerned about a decision to resume giving maximum security inmates 17-and-a-half hours of recreational time a week.

    More

    Some correctional officers in Delaware are concerned about staffing accommodations for maximum security inmates at the Vaughn Correctional Center near Smyrna, a prison that experienced an inmate uprising in February in which a correctional officer died.

    Jurgen Burgoyne, a former correctional officer, said he and colleagues who still work at Vaughn are concerned about a decision to resume giving maximum security inmates 17-and-a-half hours of recreational time a week.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices