Houston Purchasing Managers

The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 52.8 in November, up from 49.3 in October. Readings above 50 signal economic expansion in Houston over the next three to four months. Readings below 50 signal contraction. The region’s PMI finally pushed above 50 after three consecutive months pointing to contraction.

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

 

 

 

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