The BLS diffusion index for total private employment was at 36.0 in March, down from 57.9 in February. For manufacturing, the diffusion index was at 36.8, down from 50.7 in February. Think of this as a measure of how widespread job gains are across industries. The further from 50 (above or below), the more widespread […]
source https://thebtrader.com/2020/04/14/employment-march-diffusion-indexes/?utm_source=rss&utm_medium=rss&utm_campaign=employment-march-diffusion-indexes
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