ECONOMICS COMMENTARY
Aug 22, 2013
US manufacturing recovery gains momentum as order growth hits seven-month high
The Markit Flash US Manufacturing PMI signalled the strongest improvement in manufacturing business conditions in five months during August. The flash PMI index, which is based on approximately 85% of usual monthly replies, was up slightly from July's 53.7 to 53.9, and suggested a moderate expansion of the manufacturing sector.
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