Save. Most people probably consider a hot tub a luxury, but it's possible to deduct one on your taxes. And you can potentially continue to take deductions on the hot tub in later years and avoid other state taxes.
The PMI is a composite index of five sub-indicators, which are extracted through surveys to more than 400 purchasing managers from around the country, chosen for their geographic and industry diversification benefits. The five sub-indexes are given a weighting, as follows: Production level (.25)
BREAKING DOWN 'Purchasing Managers' Index-PMI'. A PMI of more than 50 represents expansion of the manufacturing sector, compared to the previous month. A reading under 50 represents a contraction, while a reading at 50 indicates no change. Prior to September 1, 2001, the acronym (PMI) stood for Purchasing Managers' Index.