August 7, 2008By The Editor
Purchasing Managers Index Drops
Purchasing Managers Index drops
The index that tracks Inland Southern California's manufacturing sector declined last month to its lowest point since the Sept. 11, 2001, attacks slowed commerce to a crawl.
The Purchasing Managers Index for San Bernardino and Riverside counties dropped to 41.2 in July, from 48.7 the previous month, a report released Friday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino found.
The index is now at its second-lowest point since its inception in 1993. The all-time low was 37.8 in October 2001...
Read the story PE.Com | Posted August 7, 2008
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