U.S. manufacturing activity expands in July amid resurgence in COVID-19 cases


WASHINGTON, Aug. 3 (Xinhua) -- Economic activity in the U.S. manufacturing sector expanded in July amid a resurgence in new COVID-19 infections, the Institute for Supply Management (ISM) reported Monday.

The Purchasing Managers' Index (PMI) stood at 54.2 percent in July, up 1.6 percentage points from the June reading. Any reading above 50 percent indicates the manufacturing sector is generally expanding.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Dutch authorities evacuate Kempen Airport as wildfires break out near military training areas
Afghan refugees stranded at Pakistan border amid renewed fighting
US visa fallout takes center stage in Antigua's election
Ukraine to seek clarity from US on Russian ceasefire proposal
Germany's Merz stresses commitment to transatlantic partnership
Wife of Spain's PM Sanchez files assault complaint against far-right influencer
British white supremacist found guilty of plotting gun attack
Reputed head of crime family to run again for seat in Irish parliament
Ukrainian drones strike Russian oil facilities some 1,500 km away
Prosecution of ex-FBI chief Comey over seashell post is flawed, experts say

Others Also Read