Friends of Manufacturing

Milwaukee-area manufacturing sector continued upward trend in March

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After a slight decline in February, the Milwaukee-area PMI rose to 61.77 in March continuing a general upward trend in recent months and matching a National Association of Manufacturers survey that said optimism in the industry is at its highest level in 20 years.

The March reading was up from 58.69 in February and was the highest since November 2014. The report was discontinued for several months last year. Any reading above 50 indicates growth in the region’s manufacturing industry.

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