Leading Indicators of the Electrical Economy

Purchasing Managers Index slides 2.4 points in September. Bradley Holcomb, chair of the Institute for Supply Management’s Manufacturing Business Survey Committee, Tempe, Ariz., said the September PMI registered 56.6%, a decrease of 2.4 percentage points from August’s reading of 59%, indicating continued expansion in manufacturing. The New Orders Index registered 60%, a decrease of 6.7 percentage points from the 66.7% reading in August, indicating growth in new

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