Purchasing Manager Index – November 2016

Still above 50! 

The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 50.5 in November, signaling economic expansion in metro Houston for the second consecutive month, according to the latest report from the Institute for Supply Management-Houston (ISM-Houston). The November reading is down slightly from 51.1 in October, which broke a streak of 21 straight months in which the index signaled contraction.

http://www.houston.org/pdf/research/narratives/PMI/Purchasing_Managers_Index.pdf

 

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