Electrical Marketing’s Leading Indicators

PMI down again in August. The Purchasing Managers Index dipped 0.2 percentage points in August, landing at 49.8 points. This reading indicates that the manufacturing sector contracted for the third consecutive month and is still in negative territory. Bradley Holcomb, chair of the Institute for Supply Management Manufacturing Business Survey Committee, said a press release announcing the August data that it's also the lowest reading for the PMI since July 2009.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: Economy
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish