US Manufacturing Shows Solid August Growth Despite Declining New Orders

New Orders Drop But US Manufacturing Surveys Still Signal 'Solid' Growth In August

New Orders Drop But US Manufacturing Surveys Still Signal 'Solid' Growth In August Despite sustained relative weakness in US 'hard data', US manufacturing operating conditions improved solidly again in August, according to the latest PMI data from S&P Global, but it's not all rainbows and unicorns... August S&P Global US Manufacturing PMI beat, flat at 53.9 from July's print, but up from the flash print of 53.2 and better than the 53.4 expected. August ISM US Manufacturing PM...

By Tyler Durden