THE BASIS POINT

Supply Side Sluggish.

 

PMI Manufacturing Index Flash (May 2016)

– Index level 50.0.  Previous was 50.8.

This is a survey index intended to measure activity on the supply side.  This reading is soft indicating once again that monetary policy stimulus has had little effect on the economy.

 

WANT TO OUTSMART YOUR FRIENDS?

GET OUR NEWSLETTER

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

eighteen − 3 =

x