The Press-Enterprise — Boosted by increases in all measurements, the Inland Purchasing Managers’ Index grew more than 9 points in January, hitting 56.8 percent and ending three months of reports that showed the area’s manufacturing sector in downturn.
Almost every category in January except inventory was above the 50 percent baseline between growth and contraction, and all categories showed increases. Some areas took notable leaps: new orders went from 48.4 to 61.3, and production from 53.2 to 67.7.
“Those are really the biggies,” said Barbara Sirotnik, who heads the Cal State San Bernardino-based Institute of Applied Research that does the monthly report, issued Wednesday, Feb. 1.
The article was published Feb. 1, 2017.
Read the complete article at “Inland production index comes back strong in January.”