Comment on US PMI Falls Slightly To 54.6

US PMI Falls Slightly To 54.6

US PMI has fallen slightly to 54.6. The previous month was 54.9, and analysts had expected 55.0. So this is a slight miss, but not a huge deal. Remember, in any one of these PMI/ISM-type surveys, a number above 50 is expansion, so the US manufacturing economy is still clearly in expansion territory.

 

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