U.S. Manufacturing PMI edges down to 37-month low in October

Key points: -PMI falls to 51.0, from 51.1 in September – Output growth strengthens slightly, but new orders rise more slowly – New export business declines for fifth successive month Summary The latest PMI data from Markit pointed to further subdued overall improvement in U.S. manufacturing …

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U.S. Manufacturing PMI edges down to 37-month low in October

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