Wednesday, January 27, 2016

PURCHASING MANAGERS INDEX

Manufacturing contracted in December as the PMI® registered 48.2%, a decrease of 0.4 percentage point from the November reading of 48.6%, indicating contraction in manufacturing for the second consecutive month, and is the lowest reading since June 2009 when the PMI® registered 45.8%. 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

No comments:

Post a Comment