THE BASIS POINT

Manufacturing, Construction Spending up.

 

PMI Manufacturing Index (August 2014)

– Index level 57.9. Previous was 55.8.

This is a survey index generated by Markit.

ISM Manufacturing Index (August 2014)

– Index level 59.0. Previous was 57.1

This is another survey index taken by ISM.

Construction Spending (July 2014)

– Construction Spending month/month +1.8%.  Previous was -0.9%.

 

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