PISM Report on Business, Composite PMI Index February 2016

%AM, %05 %142 %2016 %02:%Apr Written by 

Economy Still in Expansion but Drops to its Lowest February Index Since 2010.

  • PMI Composite in February 2016 improved by 1.23 index points from January (which index was the lowest January index ever recorded since 2010) as it typically did in the previous five years.
  • The PMI Composite index, at 54.0, is the lowest February index ever recorded since PMI Compos-ite started in October 2010. PMI Services did not pick up as fast as it did in prior tracking periods and was not able to pull up the composite aver-age for February 2016.
Read 126612 times

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.


No upcoming event!