Construction Spending down.
PMI Manufacturing Index (June 2016)
– Level 51.3. Previous was 50.7
This is a survey index and a supply side look at the manufacturing sector.
ISM Manufacturing Index (June 2016)
– level 53.2 51.3
This is a diffusion index calculated from 5 subcomponents of the monthly survey of manufacturers. It is another supply side metric.
Construction Spending (May 2016)
– Construction Spending month/month -0.8%. Previous was -2.0%
– Construction Spending year/year +4.5%.
Residential Construction Spending is -4.0% year/year.