MLBKT: Purchasing Managers Index indicates minimal optimism again

A PMI above 50 percent indicates a recovery in manufacturing activity, and a value below 50 percent indicates a shift toward recession.

This year’s below-average value can be considered this year, after the long-term average value measured since 1995 is 52.6, while the average value of Octobers is 52.2 points. (MTI)