ISM-Houston PMI Rises to 57.2 in July

ISM-Houston announced this morning that the Houston Purchasing Managers Index rose a modest 0.5 points to 57.2 during July. Significant continued strengthen of the sales/new orders and lead times indices, aided by a rise in the employment index, drove this improvement. The finished goods inventory index, an inverse indicator of economic strength, fell further below neutral also indicated economic strengthening.

Click here to see the online version and here to see the PDF version of the full report.

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