Data Round-Up: May PMI Consistent with Solid Real Growth
posted by Michael Lewis on June 01, 2018
While the PMI is not quite the GDP proxy it was in older days, today’s healthy results support FMI’s forecast for better than +3% real GDP growth in 18Q2, followed by a solid showing in 2018-H2. Early construction figures point to another robust gain in r
FMI’s analyses of today’s May PMI and April Construction reports.