The results of the quarterly Manufacturers Alliance for Productivity and
Innovation (MAPI) Business Outlook point to a degree of renewed momentum in
manufacturing activity over the next three to six months. The survey’s composite
index is a leading indicator for the manufacturing sector. The June 2013
composite index advanced to 58 from 56 in the March survey, the second straight
quarterly advance after 10 consecutive quarterly declines. For the past 15
quarters, the index has remained above the threshold of 50, the dividing line
separating contraction and expansion.
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