(Image courtesy of IHS Markit.)
U.S. manufacturing PMI fell to a five-month low in July, according to the latest report from IHS Markit. July also weaker rises in output and employment, while export sales fell for the second month in a row.
Meanwhile, companies reported the greatest deterioration in vendor performance since the series began and a faster rate of input cost inflation. That said, business confidence remained strongly positive, and was supported by hopes of further increases in …
Source URL: U.S. Manufacturing PMI Dips to 5-Month Low in July
Source Website: Advance Engineering – Engineering.com