Southeast Michigan Purchasing Managers Index Shows Sharp Increase In December
DETROIT- Reflecting a sustained economic upswing, the Southeast Michigan Purchasing Managers Index surpassed November?s PMI of 56.8 to record a strong year-end finish of 64.2 for December. A PMI value above 50 generally suggests economic growth. ?Contributing factors that lead to December?s increase include a number of indices,? said Timothy Butler, associate professor of supply