U.S. manufacturing growth accelerates in April

(May 1, 2012) -- Today’s solid ISM report showed encouragingly strong reads for employment and production, indicating that manufacturing activity has held up very well so far in 2012 while the strength in new orders bodes well for activity being maintained during the coming months," said Jeffries. "Overall, today’s report suggests that manufacturing activity in the United States has sustained its momentum in the second quarter of 2012, thereby suggesting that the sector should remain a key support to the continued expansion of the overall economy."