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Electrical Marketing’s Leading Economic Indicators for June 2019

Mixed messages as PMI slips, ABI bounces back and Conference Board indicators look good.

Purchasing Managers Index slides again in May. The May Purchasing Managers Index stayed in growth territory with a reading of 52.1%, but it’s down 0.7% from the April reading of 52.8%, according to the Institute for Supply Management (ISM) Manufacturing Business Survey Committee. Any reading over 50 points indicates a bullish trend. The index has slipped two months in a row.

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