Friday, July 17, 2015

The Purchasing Managers’ Index.....A VERY PESKY FACT!

The Purchasing Managers' Index

BCA Research, a highly respected independent research company, pointed out that PMIs, (purchasing managers' index)  in developing economies have plunged to new lows.


Take a look at global PMI. It has continued on a downtrend for months.


Similarly, PMI in the U.S. peaked seven months ago but has since been declining.


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