NY-ISM says manufacturing firm activity grew June

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NY-ISM says manufacturing firm activity grew June through August
NEW YORK, Sept. 4 () -- Manufacturing activity in New York City expanded for the third consecutive month in August, the Institute of Supply Management said Wednesday.A report from ISM-NY Inc. said the city's current business conditions index in August slid to 60.5 in the month. Nevertheless, it was the first time in two years the index has been above "the lofty 60 level" for two months running, ISM-NY said.The city's index measuring the number of employees rose from 54.1 in July to 59.8 in August. The quantity of purchases index rose from 53.6 to 54.8.ISM-NY also said the state's manufacturing firms had high expectations for the future. The current revenues index reached 59.4 in August,[url=http://www.hotyoupro.com]The north face jackets outlet[/url], but the future revenue expectations index hit 74.2, the highest reading ever posted in the monthly survey that has been running for 19 years.