PMI

Overnight Wednesday, data out of China showed that manufacturing in the nation was slowing. China's purchasing manager index came in at 49, lower than the consensus estimate of 49.8. A reading below 50 signals a contraction in the manufacturing sector. Chinese authorities may have been...

Everyone knows growth is slowing, it is pretty obvious to see. Unemployment is stagnant, economic numbers such as ISM, PMI, and the rest of the alphabet soup have slowed drastically, and the stock market is dropping like a rock falling from the Empire State building. The Federal Open Market...

Despite being the long-term growth engines of global economy, the emerging markets seem to be slowing down. The purchasing managers' index, which is an indicator of the economic health of the manufacturing sector, has recently come out for a host of emerging nations and the numbers aren't so great...