Markit manufacturing PMI comes in better than expected
Oct 23, 2015, 19:15 IST
The preliminary Markit US manufacturing PMI reading for October was 54.0 - a five-month high.
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Economists had estimated that the purchasing manager's index was 52.7, compared to 53.1 prior.
Regional readings on manufacturing earlier this month indicated contractions, as the industry coped with the impacts of the strong dollar and high inventories.