Southeast Michigan Purchasing Managers Index Dips in April
DETROIT - The Southeast Michigan Purchasing Managers Index dipped slightly from 71.8 to 67.9 in April. Index values above 50 generally represent an expanding economy, while values below 50 suggest a weakening economy. With the April survey results, the SEM-PMI has exceeded 50 for 15 consecutive months. The three-month average is up more than four