#90 - Movement of Money

One economic indicator we monitor is the US Purchasers Manufacturing Index (PMI).  This index is based on monthly questionnaire surveys of selected companies that offer an advance indication on month-to-month activity in the private sector economy.  This index tracks changes in variables such as production, new orders, stock levels, employment, and prices across manufacturing industries. Historically, when the PMI index is above 50 it represents a growing manufacturing industry and below 50 indicates contraction.  Listen to this Weekly Brief the results of the recently released PMI report and our analysis of this report.