Cincinnati sees robust manufacturing growth
The Cincinnati Purchasing Management Index rose to 63.9 in July, representing robust economic growth for manufacturing in the Cincinnati metro area.
This marks the fourth time in the past year where the Cincinnati PMI was above 60, according to the Cincinnati Report on Business from the University of Cincinnati Department of Economics and the Institute for Supply Management ? Cincinnati. Any value above 50 indicates economic expansion.
PMI is seasonally adjusted as prescribed by the U.S. Department of Commerce...