Data Round-Up: PMI, Construction Easily Exceed Upbeat Expectations
posted by Michael Lewis on September 02, 2014
Found in US, categorized in Growth Outlook and Business Cycle
An invigorating morning! Today’s reports easily exceeded the already-upbeat consensus expectations. The PMI rose to a three-year high, and its new orders index set a ten-year mark.
FMI’s analyses of this morning’s August PMI survey and July Construction report.