Friday, June 14, 2013

Purchasing Managers Index

Manufacturing contracted in May as the PMI™ registered 49 percent, a decrease of 1.7 percentage points when compared to April's reading of 50.7 percent. This month's reading reflects the second month of contraction in the manufacturing sector since July 2009, when the index registered 49.9 percent. It is also the lowest reading for the PMI™ since June 2009, when the index registered 45.8 percent.

Source: Institute for Supply Management - Manufacturing Report on Business - www.ism.ws

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