Purchasing Managers Index

Purchasing Managers Index Shows Up Economy Heading Into New Year

DETROIT - The Southeast Michigan Purchasing Managers Index bounced back in December 2016, gaining 3.9 points to reach a value of 61.9. Despite November’s drop, the three-month average is a strong 62.0. A PMI above 50 is considered an indication of an expanding economy. “We’ve experienced a see-sawing trend over the past six months between

By |2017-01-05T14:25:40-05:00January 5th, 2017|New Products / Contracts|

Purchasing Managers Index Up 7 Points – But Respondents Worried About Economic Impact Of Presidential Election

DETROIT - The good news is the Southeast Michigan Purchasing Managers Index leaped seven points in October indicating a strong local economic outlook. The bad news is one third of these respondents said they aren’t confident the upward trend will hold in part because of the uncertainty of the presidential election on Nov. 8. Looking

By |2016-11-07T12:45:50-05:00November 7th, 2016|News|

SE Michigan Purchasing Managers Index Strong Despite BRExit

DETROIT - Despite The BRexit vote in Great Briton to leave the European Union, the Southeast Michigan Purchasing Managers Index dipped slightly once again in June 2016, the second straight month of decline. The good news is the three-month average remained steady at a robust 60.5. A PMI above 50 is considered an indication of

By |2016-07-07T19:19:45-04:00July 7th, 2016|Featured, News|

Purchasing Managers Index At Highest Value In Six Months – Era Of Falling Prices At End

DETROIT - Even though Comerica’s Economic Activity index this week reported a decline from the month before, the Southeast Michigan Purchasing Managers Index released Friday rose to its highest value in six months. The Index spiked 7.1 points to 59.1 in March 2016, recovering from last month’s drop. The three-month average rose modestly from 54.6

By |2016-04-01T08:41:00-04:00April 1st, 2016|New Products / Contracts, News|