“Purchasing Managers are slightly less optimistic than last month about the state of the local economy. Nearly a quarter (23%) of purchasing managers predicted that the local economy will become stronger in the upcoming months (down from last month’s 32%). Fifty-eight percent of purchasing managers believe the local economy will remain unchanged, and the remaining 19% believe the local economy will become weaker by next quarter.”
Exports showed a decrease from last month (54.2 to 45.8) and Imports decreased from 56.7 to 50.0.
Following are some highlights from this month’s report: