US Aug final manufacturing PMI 47.9 vs 49.6 in July
Just below expectations (Il Sole 24 Ore Radiocor) - Washington, 03 Sep - The US purchasing managers' index fell to 47.9 in August from 49.6 in July, according to final data by the financial information services group IHS Markit.
Economists expected a reading of 48.0.
A reading above 50 indicates an expansion in activities and a reading below 50 a contraction.
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(RADIOCOR) 03-09-24 15:53:14 (0377) 5 NNNN