ISM U.S. manufacturing PMI dips to 54.6 in August
The Institute for Supply Management reported its U.S. manufacturing PMI fell to 54.6 in August from 55.6 in July, indicating a modest slowdown in the pace of growth.
WASHINGTON (dpa-AFX) - A report released by the Institute for Supply Management on Tuesday showed a modest slowdown in the pace of growth in U.S. manufacturing activity in the month of August.The ISM said its manufacturing PMI dipped to 54.6 in August from 55.6 in July, although a reading above 50…