2020 Brushware July-August Digital Edition Now Available


The 2020 Annual Summer Buyers’ Guide / July-August digital edition of Brushware magazine is now available to readers. Considered “The Bible” of the brush industry this special issue includes a complete supplier and manufacturer directory with an extensive category index that allows users to quickly locate company capabilities.

China and Italy Showcase the May PMI Numbers

While the Institute for Supply Management® reported a slight uptick to a 43.1 percent PMI for US manufacturers in May, Italy saw a strong rebound from an all-time low of 31.1 in April to 45.4 in May, which pushed the country above their six-month PMI moving average. In addition, China’s manufacturing index bumped up to growth territory with a Caixin Manufacturing index of 50.7 percent in May after showing a slight dip in April.

March PMI Reflects Pandemic Impact

ISM® MANUFACTURING PMI: 24-Month History

Six month moving average shown. Source date: ISM®.

 

The COVID-19 pandemic looks to have snuffed out an expansion that wanted to kick off at the start of the year as the Institute for Supply Management® reported a PMI of  49.1 percent for March. Based on the overall economy, the drop from 50.1 percent in February seems relatively modest. Comments from the ISM® report and panel reflect intense concerns about the future outlook as the world economy is heading into the unknown.