US: Manufacturing PMI registered 53.3 in July, up from 52.0 in June - Markit
|"The seasonally adjusted IHS Markit final US Manufacturing Purchasing Managers’ Index (PMI) registered 53.3 in July, up from 52.0 in June to signal a further improvement in the health of the sector," Markit announced on Tuesday.
Key highlights:
- Notably, the latest improvement in operating conditions was solid and the strongest in four months
- Production at US manufacturers increased for the fourteenth month running in July
- New orders received by US manufacturing firms grew at a solid pace, recovering from the nine-month low seen in June
- Notably, the latest expansion in staffing levels was the strongest in five months
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