PMI Highest Level Since December 2014 The Purchasing Managers Index (PMI) hit its highest level since December 2014 and has signaled growth in nine of the last ten months. The December PMI registered 54.7 percent; an increase of 1.5 percentage points from November’s reading. The New Orders Index increased, the Production Index rose, the Employment [...]
The Conference Board Leading Economic Index (LEI) for the US increased 0.2 percent in February to 121.4 following a 0.2 percent increase in January and a 0.4 percent increase in December indicates short-term growth. Widespread gains among the leading indicators continue to point to short-term growth. However, easing in the LEI’s six month change suggests [...]
The Institute for Supply Management | Report On Business for November Issued on Monday this week: economic activity in the manufacturing sector expanded for the eighteenth month in November and the overall economy grew for the 66th consecutive month say the nations supply executives. The report was issued by Bradley J. Holcomb, CPSM, CPSD, chair [...]