Eurozone Flash PMIs Point To An Economic Slowdown
2 Years ago | October 28, 2018 00:00:00
John M. Bland, MBA, co-founder, Global-View.com
Weak Flash Manufacturing PMIs in Europe Those who follow these articles will know that I am a strong supporter of the monthly PMI (purchasing Manager Index) reports. I readily acknowledge that they are not “hard” data, but they are done across a wide range of economies and use a consistent methodology every month. I like to look these for their general path on a monthly and comparative basis. I tend not to focus too sharply on the exact readings, but they do tend to tell a story over time. I prefer the manufacturing PMIs rather than the service