U.S. manufacturing activity hits 14-month high

The Institute for Supply Management said on Wednesday its index of national factory activity jumped to a reading of 52.6 last month from 43.1 in May. That was the strongest since April 2019 and ended three straight months of contraction.

The rebound in the ISM index was in tandem with improvements in regional manufacturing surveys and added to data on job growth, consumer spending and the housing market in suggesting that the economy had turned the corner after sliding into recession in February. But the resumption of operations has been accompanied by a surge in coronavirus cases across large parts of the country, including the densely populated California, Florida and Texas, prompting authorities to scale back or pause reopenings.

Making masks?

About time !

Thank you realDonaldTrump , dear Americans, vote him out to your own joblessness. I warn you

NICE! No one is missing Xina The world can do without Xina No Trust , No Trade

trumpforpresident2020

Thanks Trump! Americafirst

Thank you president realDonaldTrump .

Thanks Obama

Where is it made?

So we can bring back jobs to US, like from China?

This headline is wrong. Growth is higher from one month to another than it’s been in 18 months but May was terrible. We are still far below where we were before February in absolute terms.

Excellent news come on America lets get busy

Sad news for fake newsss..

The last remaining factory must have reopened. Don't worry, Bain Capital will buy it and move it to China.

US has to show hopeful numbers! That's the only option in gloom doom scenario + protests and job losses across..

Wow even Reuters doesn't understand PMIs. Low base effect, people

👀

I’ll give Trump some credit. I still hate him!

Catch-up?

lol i thought China was cooking the books. How does that work out with 30M people still unemployed.. i cant seem to get the math to work

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