According to the Institute for Supply Management’s (ISM) Report On Business, economic activity in the US manufacturing sector expanded in June for the fifth consecutive month, while the overall economy grew for the 68^th consecutive month.

Manufacturing growth accelerated in June as the PMI registered 56%, an increase of 1 percentage point compared with 55% in May. The 12 top performing industries in June include textile mills, chemical products and plastics and rubber products.

Textile mills, furniture and related products and chemical products were among the industries displaying price increases as the ISM Prices Index registered 68% percent, above average May prices.