US PMI points to weakest manufacturing expansion since last October

The Markit Flash U.S. Manufacturing Purchasing Managers’ Index ™ ( PMI ™ ) 1 fell to its lowest reading in six months during April. At 52.0, the flash PMI index, which is based on around 85% of usual monthly replies, was down from 54.6 in March and indicated a moderate improvement in o…

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US PMI points to weakest manufacturing expansion since last October