01
May
15:33
April purchasing index falls to Great Recession levels
The Institute for Supply Management’s purchasing managers index registered a heavy drop in April, largely due to the fallout from Covid-19, Kallanish understands.
The index fell by 7.6 percentage points to 41.5% from March to April. Readings below 50% generally indicate contraction in the manufacturing sector.
The index is compiled from industry surveys in a number of different business metrics. The institute calls all comments from its panels &…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous