Report
Data Round-Up: PMI Back in the Black; Single-Family Construction Slump Continues
posted by Michael Lewis on October 03, 2016
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Headline
As expected, the PMI’s surprise dip into the red in August proved short-lived. Historically, the 51 PMI average for 16Q3 would be consistent with +2.5% real GDP growth.
Abstract
FMI’s analyses of this morning’s September PMI and August Construction reports