Pitiful PMI

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Below is the Manufacturing PMI, which illustrates if manufacturing in the United States is growing (above 50) or shrinking (under 50). The left side of the chart shows a steady, potent increase in economic strength. Notice a change over the past couple of years? Now this illustrates a coughing, wheezing, sputtering economy, month after month, whose latest data point was another big miss. And keep in mind, this is GOVERNMENT data. Reality is vastly worse!