Free Markets, Free People


Economic Statistics for 01 Jul 13

Here are today’s statistics on the state of the economy:

The PMI Manufacturing Index slipped to 51.9 in June from 52.3 in May.

The ISM Manufacturing Index rose nearly two points in June to 50.9, which moves the index back into growth territory.

Construction spending rose 0.5% in May, which put it up 5.4% on a year-over-year basis.

The Gallup US Consumer Spending Measure was unchanged in May, with Gallup estimating that consumers spent an average $90 per day.

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Dale Franks
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