Friday, August 24, 2012

August 2012 US manufacturing still weak, employment rose at slowest rate since Dec. 2010 per Market PMI-BBC

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"Employment levels rose at the slowest rate since December 2010, Markit said."

2/23/12, "US manufacturing growth still weak, PMI survey shows," BBC

"US manufacturing growth remained weak in August, according to a closely-watched survey.

The Markit flash US Manufacturing Purchasing Managers' Index (PMI) rose to 51.9 in August, up from 51.4 in July, its third lowest reading in 35 months.

A score above 50 indicates expansion.

However, growth in output and new orders remained weak, and employment levels rose at the slowest rate since December 2010, Markit said."...


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