Tag: index
Manufacturers experience rebound in July
This past July, the Markit US Manufacturing Purchasing Managers’ Index (PMI) was 53.8, which picked up slightly from the 20-month low seen in June (53.6). The latest reading was above the 50.0 no-change mark and higher than the long-run series average (52.
Texas manufacturing rose in July
Factory activity in Texas remained negative in July 2015, according to the Texas Manufacturing Outlook Survey, but rose for a second month in a row to -1.9. This number suggests further moderation in the decline of manufacturing output in the state.