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Indicatere above 50 better conditions on the factory floor, below 50 indicates contraction or more pessimism. This is the third consecutive officialve 50 for the manufacturing pmi following seven consecutive months in negative territory below 50. What does this mean . In february and march, a bit of stabilization. Up in a bump manufacturing and sentiment as the government talked up the economy. Getting evidence that there has been a stabilization in manufacturing. 50. 1, that is not a robust number, but it is staying relatively stable from the last couple of months. , we are also looking at Services Come in below expectations. Pmi,is nonmanufacturing an index that has never been in negative territory below 50, but is trending lower. The previous month was 53. 5, so inittle bit of softening services, indicating property, telecom, banking, everything except traditional manufacturing , which tends to be more bullish in this new economy. Nonmanufacturing pmi. Rishaad 30 minutes to go to th

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