US July manufacturing PMI 49.6 vs 51.6 in June
Above expectations (Il Sole 24 Ore Radiocor) - New York, 01 Aug - The US purchasing managers' index fell to 49.6 in July from 51.6 in June, according to data by the financial information services group IHS Markit.
Economists expected a reading of 49.5.
A reading above 50 indicates an expansion in activities and a reading below 50 a contraction.
AAA-Zap
(RADIOCOR) 01-08-24 15:51:04 (0591) 5 NNNN