HERE COMES US FLASH PMI...

PTR Industries, guns, manufacturing, CT

Heads up! The next big economic data point out today is U.S. flash PMI, due out at 8:58 AM ET.

Economists predict the headline index of manufacturing conditions moderated to 51.2 from 52.1 last month.

Any number above 50 indicates expansion, so a 51.2 reading would suggest an American manufacturing sector that is still growing, yet at a slower pace than in April.

We will have the full release LIVE at 8:58 AM ET. Click here to refresh for the latest >

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.