NAPM-MILWAUKEE CRUSHES EXPECTATIONS, Hits 57.7 (Economists Expected 53.4)

Boeing Aircraft Assembly Line Manufacturing ManufactureBoeing 787 Dreamliners are pictured on the final assembly line in Everett, Washington.

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A key reading of business conditions in the Midwest showed a surge in manufacturing activity, new data out of the Institute for Supply Management Milwaukee shows.Click here for updates >

The index improved to 57.7 in May, above April’s 52.9 reading and substantially above economist forecasts for a jump to 53.4.

A reading above 50 indicates expansion.

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