Mexico Manufacturing Down in November
The IHS Markit Mexico Manufacturing Purchasing Managers' Index (PMI) fell 2.4 points to 48.0 in November, the fastest contraction in the nearly nine-year history of the survey. A reading above 50 indicates growth.
The PMI index is composed of five sub-indices tracking changes in new orders, output, employment, suppliers' delivery times and stocks of raw materials. See IHS Markit