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The Manuifacturing PMI is out and it is not too rosy. We see the purchasing managers in the manfacturing sector having an issue. Even though they see expansion, with the number above 58, it is slowing from the last few months.
In this video I discuss how this is in alignment with what we are seeing in some other data.
Please note I said purchasing managers in the video, mentioning company and government. The PMI is only for manafacturing purchasing managers..
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