Manufacturing Growth Slows.
PMI Manufacturing Index (April 2016)
– Index Level 50.8. Previous was 51.5
Manufacturing remain soft.
ISM Manufacturing Index (April 2016)
– ISM Index 50.8. Previous was 51.8
Growth but at a slower pace.
Construction Spending (March 2016)
– Construction Spending month/month +0.3%. Previous was revised from -0.5% to +1.0%
– Construction Spending year/year +8.0%
– Single Family Residence construction was flat month/month and +13.4% year/year.