Manufacturing contracted in December, PMI® at 47.2%

January 10, 2020 3:35 pm

December’s PMI® registered 47.2 percent, a decrease of 0.9 percentage point from the November reading of 48.1 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Read the full report here.

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