ECONOMICS COMMENTARY
May 23, 2013
US manufacturing slowdown continues, as output growth eases to seven-month low
The Markit Flash U.S. Manufacturing PMI fell for the second month running in May, falling to its lowest reading since last October. At 51.9, down marginally from April's 52.1, the flash PMI index, which is based on around 85% of usual monthly replies, was consistent with a moderate improvement in overall manufacturing business conditions.
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