{"id":285733,"date":"2011-03-01T15:39:45","date_gmt":"2011-03-01T15:39:45","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/"},"modified":"2011-03-01T15:39:45","modified_gmt":"2011-03-01T15:39:45","slug":"manufacturing-at-nearly-7-year-peak","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/","title":{"rendered":"Manufacturing at nearly 7-year peak"},"content":{"rendered":"<p><div readability=\"53.4872637634\"><span id=\"fb-recommend\"\/><br \/>\n<span>By Aaron Smith, staff writer<\/span><span>March 1, 2011: 10:38 AM ET<\/span><!--startclickprintexclude--><br clear=\"all\"\/><!--endclickprintexclude--><!-- CONTENT --><\/p>\n<p>NEW YORK (CNNMoney) &#8212; Manufacturing activity in the United States climbed in February to the highest level in nearly seven years, a purchasing managers&#8217; group said Tuesday.<\/p>\n<p>The Institute for Supply Management (ISM) reported that new orders and production drove the composite index, known as the PMI, to 61.4 in February. That&#8217;s the highest level since May 2004.<\/p>\n<p><!-- REAP --><!--startclickprintexclude--><!--endclickprintexclude--><!-- \/REAP --><\/p>\n<p>The ISM said this represents the 19th consecutive month of expansion for the manufacturing sector, and the 21st consecutive month of expansion for the economy as a whole.<\/p>\n<p>The ISM also said the employment Index is above 60 for only the third time in the last decade.<\/p>\n<p>But the ISM offered a cautious tone, considering the weakness in the housing market and inflation.<\/p>\n<p>&#8220;While there are many positive indicators, there is also concern as industries related to housing continue to struggle and the Prices Index indicates significant inflation of raw material costs across many commodities,&#8221; said Norbert Ore, chairman of ISM&#8217;s Manufacturing Business Survey Committee, in a prepared statement.\u00a0<a href=\"http:\/\/money.cnn.com\/2011\/03\/01\/news\/economy\/ism\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<p><!-- \/CONTENT --><!--startclickprintexclude--><!--startclickprintexclude--><br \/>\n<!--endclickprintexclude--><!--endclickprintexclude--><\/div>\n<\/p>\n<p>Read more:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/XnevHJMcr3k\/index.htm\" title=\"Manufacturing at nearly 7-year peak\" rel=\"noopener noreferrer\">Manufacturing at nearly 7-year peak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> By Aaron Smith, staff writer March 1, 2011: 10:38 AM ET NEW YORK (CNNMoney) &#8212; Manufacturing activity in the United States climbed in February to the highest level in nearly seven years, a purchasing managers&#8217; group said Tuesday. The Institute for Supply Management (ISM) reported that new orders and production drove the composite index, known as the PMI, to 61.4 in February. That&#8217;s the highest level since May 2004<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-285733","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Manufacturing at nearly 7-year peak - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Manufacturing at nearly 7-year peak - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"By Aaron Smith, staff writer March 1, 2011: 10:38 AM ET NEW YORK (CNNMoney) -- Manufacturing activity in the United States climbed in February to the highest level in nearly seven years, a purchasing managers&#039; group said Tuesday. The Institute for Supply Management (ISM) reported that new orders and production drove the composite index, known as the PMI, to 61.4 in February. That&#039;s the highest level since May 2004\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Manufacturing at nearly 7-year peak\",\"datePublished\":\"2011-03-01T15:39:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\"},\"wordCount\":186,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\",\"name\":\"Manufacturing at nearly 7-year peak - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\",\"datePublished\":\"2011-03-01T15:39:45+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/#primaryimage\",\"url\":\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\",\"contentUrl\":\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Manufacturing at nearly 7-year peak - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/01\/manufacturing-at-nearly-7-year-peak\/","twitter_card":"summary_large_image","twitter_title":"Manufacturing at nearly 7-year peak - Ghanamma.com","twitter_description":"By Aaron Smith, staff writer March 1, 2011: 10:38 AM ET NEW YORK (CNNMoney) -- Manufacturing activity in the United States climbed in February to the highest level in nearly seven years, a purchasing managers' group said Tuesday. The Institute for Supply Management (ISM) reported that new orders and production drove the composite index, known as the PMI, to 61.4 in February. 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