Key Takeaway:
The seasonally adjusted FDI for June 2017 was 60.8 – decelerating slightly from May’s record 64.6
reading but remaining well in expansionary territory. Recent strong sales momentum continued in June,
as the seasonally adjusted sales index of 86.6 represents a new FDI survey record. Commentary on
market conditions remains positive, with respondents indicating selling conditions are strong and
customer activity/backlog continues to suggest a favorable outlook. The FDI Forward-Looking Indicator
also remains well in expansionary territory, registering a seasonally adjusted 64.0 – another record
result.(…)
