U.S. Manufacturing Growth Slips to 7-Month Low

[thenews]

The headline index slipped to 51.9 from 52.1 last month, but beat expectations for a bigger drop to 51.2.

Here are the highlights:

• PMI falls for second month running in May
• New order growth picks up since April
• Job creation at seven-month low
• Rate of input price inflation quickens, but remains much weaker than series average

Below is a breakdown of the sub-components:

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