Monday 23 June 2014

US PMI Index edged higher to a reading of 57.5 in June

The Markit Economics flash manufacturing purchasing managers index for the U.S. edged higher to a 57.5 reading in June from 56.4 in May. The index, similar in design to the Institute for Supply Management manufacturing index, is at its highest level since May 2010. Output picked up for the third straight month and orders and employment also increased. The flash index is based on 85% to 90% of typical monthly responses. 

Source: Marketwatch

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