The PMI prices sub-index increased to 51.3 the producers were able to raise prices due to huge increases in employment and new orders. The government stimulus cheques were greasing the consumer spendings which were reflected by a huge spike in new local order. This increasing consumption was causing the production to increase to meet the spiking demands.
Is this improvement sustainable or just an aberration?
If the US cannot contain the 2nd wave of outbreak, this will not be sustainable. We are starting to see the 2nd outbreak in the US now.
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