09152019Sun
Last updateThu, 12 Sep 2019 5pm

Manufacturing & The Economy

Houston Manufacturing Executives Feeling More Optimistic

The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 51.6 in August, slightly up from 51.4 in July. Readings above 45 signal overall economic expansion in Houston over the next three to four months. Readings above 50 signal expansion in the manufacturing sector. The region’s PMI has signaled expansion in overall economic activity for 37 consecutive months and manufacturing activity for 24 consecutive months.

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