Wednesday, October 14, 2015

Purchasing Managers Index

Manufacturing expanded in September as the PMI® registered 50.2%, a decrease of 0.9 percentage point from the August reading of 51.1%, indicating growth in manufacturing for the 33rd consecutive month. The September PMI is the lowest reading since May 2013 when the PMI registered 50.1%. A reading above 50% indicates that the manufacturing economy is generally expanding; below 50% indicates that it is generally contracting.

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


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