Home » Local News » Purchasing Managers Index slips in July, indicating possible local economic slowdown
Posted on 03 August 2012. Tags: economic, Index, indicating, July, Local, Managers, possible, Purchasing, slips, slowdown
Tom Henderson – The Southeast Michigan Purchasing Managers Index slipped in July to 54.6 from 60.3 in June. A score above 50 indicates an expanding local economy, and the index has been above that for 29 of the past 30 months.
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