In its original data release on December 1, 2016 Halpim said the PMI was at 56.6 points in November but it revised its number to a lower value in the Mondayʼs release.

An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction.

In December among the sub-indices that comprise the PMI, the production volume index fell from November but stayed above the 50 mark for the twelfth month in a row.

The new orders index fell more rapidly but was still above 50 points. 

Delivery times were longer than in November, the sub-index was below 50. 

Purchased stocks fell in December.

The employment sub-index was slightly above 50 and showed expansion. The sub-index was somewhat higher than in November.