Economics
Markit Index of Manufacturing in U.S. Fell to 54 in May
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The Markit Economics final index of U.S. manufacturing decreased to 54 in May from 56 in April, the London-based group said today.
A reading above 50 in the purchasing managers’ measure indicates expansion. The final figure, based on a survey of more than 600 companies, compares with an initial reading of 53.9 released on May 24.