Purchasing Price Manufacturing Index Houston

The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 58.8 in May, up 2.2 points from 56.6 in April. Readings above 50 signal economic expansion in Houston over the next three to four months. Readings below 50 signal contraction. The region’s PMI slipped below 50 in the three months immediately following Hurricane Harvey, but climbed above 50 in November and has signaled expansion for seven consecutive months.

Click to access Purchasing_Managers_Index.pdf

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