Purchasing Managers Report That Production Declines Yet Again
Today brings some more sobering news on the economic front. The monthly Purchasing Managers Index declined yet again in September, capping a ten-point drop over the past year. It is now well below 50, the point at which activity is not merely growing slowly, but actually contracting: Virtually every subindex declined in September, as did … Continue reading Purchasing Managers Report That Production Declines Yet Again
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