The final revision to the January 2020 PMI
- Prelim reading was 53.2
- Prior was 52.8
- Composite PMI 53.3 vs 53.1 prior
- They note that the vast majority of data was collected prior to Jan 24, when coronavirus hit
- "New business growth was broadly in line with that seen in December and only moderate overall."
- Employment improved "at a marginal pace"
- Output 'subdued'
- Full report
As you can see, it's an improvement since Q3 but is still below the worst levels of 2018.
