Paper Economy - A US Real Estate Bubble Blog
A Blog dedicated to tracking the decline of the greatest asset bubble in US history.
Monday, May 02, 2016
ISM Manufacturing Report on Business: April 2016
Institute for Supply Management
released their latest
Report on Business for the manufacturing
sector indicating that manufacturing activity slowed in April staying just above the contraction level for a second straight month.
At 50.8 the purchasing manager’s composite index (PMI) declined 1.93% from March and fell 1.36% below the level seen a year earlier.
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