US ISM manufacturing PMI slips but stays in expansion in August
Institute for Supply Management manufacturing PMI eased to 54.6 in August from 55.6 in July, marking eight straight months of growth. New orders, production and employment remained in growth territory but each slowed versus July.
The Institute for Supply Management's manufacturing PMI eased to 54.6 in August, down from 55.6 in July, but still marking an eighth straight month of growth.New orders, production and employment all remained in growth territory, though each slowed from July, with the new—orders index slipping thre…