Highlights of the ISM manufacturing index for July:

  • Highest since April 2011
  • Prior reading was 55.3
  • Prices paid 59.5 vs 58.0 prior
  • New orders 63.4 vs 58.9 (highest since Dec)
  • Employment 58.2 vs 52.8 (highest since June 2011)

The key sub-indexes are especially strong.

ISM manufacturing July 2014

ISM manufacturing July 2014

The US dollar is proving tough to keep down.