US manufacturing PMI eases in August; input prices stay high
Institute for Supply Management said its manufacturing PMI fell to 54.6 in August from 55… New orders slowed, while input prices remained high amid persistent supply-chain strains.
U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid persistent supply-chain strains.The Institute for Supply Management said on Tuesday its manufacturing PMI fell to a still-elevated 54.6 last month from 55…