Wednesday, January 22, 2020

PURCHASING MANAGERS INDEX

Manufacturing contracted in December, as the PMI® registered 47.2 percent, a decrease of 0.9 percentage point from the November reading of 48.1 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

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