The Electrical Equipment, Appliances & Components segment of the U.S. appliance industry reported growth in March 2013, according to the latest Manufacturing ISM Report On Business.
In fact, the Appliances manufacturing industry was one of 14 United States manufacturing industries--out of the 18 total manufacturing industry segments that are tracked by ISM-- reported growth in March 2013. Three manufacturing industries reported contraction and one reported no change.
The report's measure of manufacturing--the PMI--was at 51.3%, down from 54.2% in February but still indicating that March 2013 was the fourth month in a row of overall manufacturing growth.
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