Report

Data Round-Up: PMI Shows Mfg Contraction, Still Points to +2% Real GDP in 15Q4

posted by Michael Lewis on December 01, 2015

Found in US, categorized in Macro

Tags: michael lewis FMI PMI construction report

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Headline

Yesterday, we wrote that “the national PMI may slip below 50, the break-even point, for the first time in three years. This mostly reflects still-considerable inventory excesses… FMI expects better PMI results in 2016.” This appears to be the case.

Abstract

FMI’s analyses of this morning’s November PMI survey and October Construction report.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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