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Orders, Production Increase For Second Consecutive Month
During April, the Metro Detroit Purchasing Managers Index rose to 56.3, indicating an increase in manufacturing activity for the second consecutive month. But survey respondents remain concerned over high and fluctuating oil prices, which could scuttle growth.
Rising new orders, higher production, and expanding employment drove growth in April, said David Allardice, Ph.D. Allardice, director of [...]
