Economics
Markit Index of Manufacturing in U.S. Fell to 53.9 in December
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The Markit Economics final index of U.S. manufacturing decreased to an 11-month low of 53.9 in December from 54.8 a month earlier, the London-based group said today.
Figures above 50 for the purchasing managers’ measure indicate expansion. The median forecast in a Bloomberg survey of 15 economists was 54, with estimates ranging from 53 to 54.5. The preliminary reading for December was 53.7.