Southeast Michigan Purchasing Managers Index Rises Sharply In March
DETROIT - The Southeast Michigan Purchasing Managers Index climbed to 64.5 in March, improving upon February?s finish of 56.0. The three month PMI average remains essentially unchanged at 56.9. A PMI value above 50 generally suggests economic growth. ?The March survey showed a powerful surge in economic activity,? said Nitin Paranjpe, a supply chain faculty