Overall U.S. manufacturing industry achieves growth
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“The U.S. manufacturing PMI was 54.1, which was a 1 percentage point increase from December 2011. This indicates that manufacturing has grown for the 30th consecutive month,†said Bradley J, president of the American Supply Management Association. Holcomb said, "The new orders index increased by 2.8 percentage points to reach 57.6%, achieving growth for 33 consecutive months. Raw material prices began to decline after a three-month continuous rise. With the increase in the number of orders, in January 2012, the United States Both production and employment conditions show signs of growth.
According to the Manufacturing ISM Report, nine of the 18 manufacturing industries achieved growth in January, while household appliances, chemicals, and tobacco industries declined.