THE BASIS POINT

Manufacturing Flat.

 

PMI Manufacturing Index  (October 2015)

– Level  54.1. Previous was 53.1.

 
ISM Manufacturing Index (October 2015)
-Index  50.1. Previous was 50.2
Taking a look at the two manufacturing indices let’s call manufacturing flat for October.

 

 

Construction Spending (September 2015)

– Construction Spending (seasonally adjusted) month/month  +0.6%. Previous was +0.7%
– Construction Spending (seasonally adjusted) year/year    +14.1%. Previous was +13.7%
Residential Construction Spending was +1.8% month/month.

 

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