alice

ISM PMI Contracts Again @ 48.2%

Actually, respondents are not that dour.  I would expect Medical Devices to be relatively strong; they always were at economic weak patches when I was in the business.  “Huge roll out in wireless in 2016”??? Hmmm, I am interested.  Overall, the respondents seem in line with the idea that there can be a small bump in manufacturing to start the year.

ism respondents

As for the PMI data, I have put & on the notables…

ism pmi

Full report here.

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