The Southeast Michigan Purchasing Managers Index for September is at 50.6, up nearly five points from the August PMI of 45.7 and indicating a resumption of growth in the Southeast Michigan economy after three declining months.
The Southeast Michigan Purchasing Managers Index came in at 60.3 in June, a marked drop from 66.3 in May.
More money in your gas tank means less money in your wallet, and that’s changed how consumers are spending their money elsewhere.
The Federal Reserve sizes up the economy in a two-day policy meeting which concludes Wednesday.
A trip to the grocery store might start to cost you more.
The Southeast Michigan Purchasing Managers Index declined to 67.7 in May from 67.9 in April, according to economists at Wayne State University’s business school. Meanwhile, commodity prices are surging.