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

 

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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