Manufacturing activity continues to grow

Tempe, AR — In one more unambiguous sign that the nation's economy is on the rebound, manufacturing activity expanded for a fifth straight month in June and grew at a faster pace than it had the month before, according to the index compiled by the nation's purchasing managers.

The Institute for Supply Management (formerly the National Association of Personnel Management) reported that its index of manufacturing activity climbed to a level of 56.2 in June, up from 55.5 in May, well ahead of the reading of 55.5 that analysts had been expecting.

Textiles, an industry that's been on the road to recovery since late last year, recorded not only a gain in production but a "strong upswing in hiring during June," said the purchasing managers' report.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!