Markit PMI data for U.S. manufacturing hit 55, beating expectations.
The production subcomponent as now at its greatest level since March 2012.
The employment subcomponent accelerated.
The purchasing manager’s index (PMI) measures manufacturing activity.
Expectations were for a reading of 54.7, unchanged from the previous reading.
Here are the charts for the headline figure…
We’ve had a pretty solid Global PMI Day to kick off the new year, with France and Turkey the only notable laggards. Click here to see the full scorecard »
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