US PMI at 7 month high in December, signalling solid expansion of manufacturing sector

Key points: Strongest rate of output growth since May Total new work increases at solid rate, with new export orders also rising Input price inflation remains marked, albeit weaker than in November Summary The final Markit U.S. Manufacturing Purchasing Managers’ Index™ (PMI™)1 was 54.0 in Dec…

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US PMI at 7 month high in December, signalling solid expansion of manufacturing sector