US Manufacturing PMI Declines First Time Since September 2009

May 23, 2016

by Mike ‘Mish’ Shedlock
Mish Talk

According to the Markit Flash Manufacturing PMI survey, manufacturing activity in the US declined for the first time since September 2009.

Key Points

Headline PMI edges down again in May as production declines for the first time since September 2009
New orders expand at slowest rate in 2016 so far
Inflationary pressures pick up

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