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Chart of the Week

Archived Chart: From January 9, 2019

The Institute for Supply Management survey of Purchasing Managers in the manufacturing sector dropped decisively to 54.1% in December, and New Orders slumped to 51.1% (graphs below). If these indexes drop below the 50% growth threshold, the chances of a recession in 2019 will increase. We’ll be following these key indicators closely in the months to come - stay tuned.

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