July Markit Manufacturing PMI. Services PMI 54.2 vs. 54.0 est.

The US Markit manufacturing PMI for July (prelim) came in at 53.2 vs. 52.2 estimate. A year ago the index was at 52.9.

  • The Services also came in better at 54.2 vs 54.0 est
  • Services employment 54.4 vs 52.8 last. Highest since Dec 2016
  • Prices changed falls vs previous month.
  • The composite index rose to 54.2 vs 53.9 last month (was originally 53.0).