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Tag: "index"

Economics Index Falls 0.9 Percent in May

MINNEAPOLIS and LOS ANGELES, June 8, 2011 /PRNewswire/ — The Ceridian-UCLA Pulse of Commerce Index™ (PCI), issued today by the UCLA Anderson School of Management and Ceridian Corporation fell 0.9 percent on a seasonally and workday adjusted basis in May, after falling 0.5 percent in April. “The index has now declined in four of the first five months of […]

Manufacturing Up as Factories Stop Cutting Inventories

Manufacturing Up as Factories Stop Cutting Inventories

As an almost total surprise, the Institute for Supply Management’s factory index(NAPMPMI:IND) rose to its highest level in three years.   The 55.7 level indicates stronger growth in manufacturing than any economists had predicted.  Most were looking for between 50 and 55. The index is based on a survey of manufacturing executives.  Taken by itself, this […]