U.S. Factory Activity Rebounds in January
The nation’s manufacturing sector regained some lost ground in January as demand, production and consumption all increased from December, the Institute for Supply Management reported. At the close of 2018, the ISM’s factory index, the PMI, dropped by a precipitous 5.4 percent to 54.3. January’s PMI inched up 2.3 percentage points to 56.6. Any number…