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In July manufacturing purchasing managers' index ( PMI) Initial value is 52. 9

by:Deyuan      2020-12-23
On Friday, July 22) Financial data firm Markit, according to an industry report released in July manufacturing purchasing managers' index ( PMI) Initial value is higher than last month and forecast, and recorded the highest since October 2015.

data shows that the United States in July manufacturing purchasing managers' index ( PMI) Initial value is 52. 9, 6 surveys of 51. 3, analyst forecasts of 51. 6.

manufacturing purchasing managers' index reflects the comprehensive development of American manufacturing. Because of manufacturing in the United States occupy larger proportion of GDP, so the manufacturing purchasing managers' index is also important to assess the overall business environment and economic conditions. 50 is the growth of the industry atrophy or watershed.

the Markit July manufacturing employment index value of 53. 4, for the highest since July 2015, six surveys is 52. 3.

the Markit July manufacturing output sub-index final value to 53. 9, 6 from 50. 4.

chief economist at Markit comments said Williams, in spite of a stronger dollar, energy prices and the election of uncertainty, but manufacturing is still beautiful. Now it is too early to discuss whether manufacturing began to recover, but it is a positive signal. Especially the employment increase created years the highest level, suggesting that enterprise economy more optimistic about the future, expansion capacity again.
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