AMERICAN MANUFACTURING ACCELERATING AT FASTEST PACE IN 5 MONTHS
via YoutubeLATEST: Markit's flash U.S. manufacturing PMI report is out.
The headline index rose to 53.9 from last month's 53.7 reading, below analysts' estimates for a bigger gain to 54.2.
Nonetheless, the increase in the index signals the pace of expansion in American manufacturing is accelerating in August.
We will have the full release here momentarily.
Click here to refresh for the latest »
---------------
ORIGINAL: Heads up! Minutes away from the release of Markit's flash U.S. manufacturing Purchasing Manager Index (PMI) survey for August, due out at 8:58 AM ET.
Economists predict the headline index increased to 54.2 from July's 53.7 reading, indicating an accelerating pace of expansion in the American manufacturing sector.
We will have the full release LIVE at 8:58 AM ET. Click here to refresh for the latest »