Friday, November 21, 2014

Purchasing Managers Index

Manufacturing expanded in October as the PMI® registered 59%, an increase of 2.4 percentage points when compared to September’s reading of 56.6%. This is the same reading as reported in August 2014, which is the highest reading for the index since March of 2011 when it registered 59.1 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

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

No comments:

Post a Comment