Feb 2, 2015
Strong print for US manufacturing PMI, but signs of cooling
The final seasonally adjusted Markit U.S. Manufacturing Purchasing Managers’ Index came in at 53.9, signalling a robust improvement in overall business conditions. However, the headline PMI was unchanged since December and the joint lowest for a year, thereby indicating that growth momentum across the manufacturing sector has cooled from the peaks seen in the summer of 2014.
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