09152019Sun
Last updateThu, 12 Sep 2019 5pm

Manufacturing & The Economy

Houston Manufacturing Executives See Contraction Ahead

The Houston Purchasing Managers Index (PMI) registered 51.4 in July, slightly up from 51.2 in June. The region’s PMI has signaled expansion in overall economic activity for 36 consecutive months and manufacturing activity for 23 consecutive months.

“But the index that measures executives expectations for the next three months sunk further as executives see the sector contracting. The index fell to 48.7 from 49.4 in June,” The Houston Chronicle reports.

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