Economics
Markit Manufacturing Index in U.S. Increases to 57.5 From 56.4
This article is for subscribers only.
The Markit Economics preliminary index of U.S. manufacturing increased to 57.5 in June, the highest since May 2010, from 56.4 a month earlier, the London-based group said today.
Readings exceeding 50 in the purchasing managers’ gauge indicate expansion. The median forecast in a Bloomberg survey of 15 economists was 56, with estimates ranging from 54.5 to 58.4.