Monday, July 1, 2013

Economic Buzz: U.S Markit PMI Signals Modest Improvement In June

At 51.9, the final Markit U.S. Manufacturing Purchasing Managers' Index (PMI) signaled only a modest manufacturing expansion in June. Having fallen from52.3 in May, and dropping below the earlier flash estimate of 52.2, the PMIindicated the slowest rate of growth since last October. The PMI averaged 52.1in Q2 as a whole. This was down from 54.9 in Q1 and was the lowest reading since Q3 2012.
Source by Commodity Insights

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