manufacturing purchasing manager index

U.S.-Minus-Ezone Manufacturing PMI Spread Widens to a Nine-Month High

December 3, 2013

The U.S. purchasing managers index increased 0.9 points to 57.3 last month, whereas Euroland’s measure of manufacturing activity went up only 0.3 points to 51.6.  The monthly average of the euro exceeded $1.3000 for a sixth straight month.  Because of a big export component in demand for manufactured goods, the relative competitiveness of Euroland manufacturing […] More

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