Economy
October 1, 2015
ISM Manufacturing Index Decreases in September
Written by Sandy Williams
The September Institute of Supply Management (ISM) PMI registered 50.2 percent, a decrease of 0.9 percentage points from the 51.7 percent reading in August. The PMI is at its lowest point since May 2013 when it registered 50.1 percent.
The three month moving average has been see-sawing since June when it gained points after seven months of decline. The September PMI is at a 3MMA of 51.33, losing 1.1 points from August’s 3MMA of 52.43.
