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ECON: Market Purchasing Managers Index Stronger Than Expected
Posted to:
Micro News
Thursday, January 24, 2013 9:10 AM
- PMI 56.1 vs 53.0 Consensus
- Output 57.2 vs 54.5 in Dec
- New Orders 57.7 vs 54.7 in Dec
- PMI highest since March 2011
- New Orders Highest Since May 2010
From Markit:
- PMI signals strong improvement in manufacturing
business conditions during January
- Fastest rise in new orders in 32 months
- Employment growth strengthens further
- Input price inflation slows, but remains marked
The expansion of the U.S. manufacturing sector
gained further momentum at the start of 2013, with
the Markit Flash U.S. Manufacturing Purchasing
Managers’ Index rising to 56.1 in
January. Up from 54.0 in December, the ‘flash’ PMI
reading, which is based on around 85% of usual
monthly replies, signalled the strongest rate of
growth since March 2011.
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ECON: Market Purchasing Managers Index Stronger Than Expected
Posted to:
Micro News
Thursday, January 24, 2013 9:10 AM
- PMI 56.1 vs 53.0 Consensus
- Output 57.2 vs 54.5 in Dec
- New Orders 57.7 vs 54.7 in Dec
- PMI highest since March 2011
- New Orders Highest Since May 2010
From Markit:
- PMI signals strong improvement in manufacturing
business conditions during January
- Fastest rise in new orders in 32 months
- Employment growth strengthens further
- Input price inflation slows, but remains marked
The expansion of the U.S. manufacturing sector
gained further momentum at the start of 2013, with
the Markit Flash U.S. Manufacturing Purchasing
Managers’ Index rising to 56.1 in
January. Up from 54.0 in December, the ‘flash’ PMI
reading, which is based on around 85% of usual
monthly replies, signalled the strongest rate of
growth since March 2011.
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