Purchasing managers index shows pace of growth picking up [UPDATE] In a separate report, the Institute of Supply Management pegged the country's manufacturing PMI at 57, which indicates faster growth than Markit's estimate. On the other hand, ISM's data shows growth slowing, as their November index put the PMI at 57.3. Markit said their new orders index slid from 56.2 to 56.1. Markit's employment index rose from 52.3 to 54. ISM said 13 of 18 manufacturing sub-sectors showed growth in the month, including, in order of fastest growth to slowest, furniture production, plastics and rubber products, textile mills; apparel; computer and electronic; paper products; transportation equipment; primary metals; fabricated metal; wood products; printing; food, beverage and tobacco production and miscellaneous manufacturing. Non-metallic mineral products; machinery; chemical products; and electrical equipment and appliances showed declines in the month.