- Prior 53.9
- New orders 54.7 vs 55.4 prior
Lowest since Jan last year for the headline number. Employment rises on the month
“Business conditions continued to improve among US factories at the start of the year, though the rate of growth continued to cool from the scorching pace seen in the summer months. The slowdown is being led by a weakening inflow of new orders, but the good news is that demand remained strong enough to drive yet another month of robust job creation at factories. Producers are also benefitting from the recent oil price slide, which helped reduce overall input costs for the first time for two-and-a-half years.” Said Chris Williamson of Markit
US Markit manufacturing PMI flash 23 01 2015
However you dress it up it’s another weaker read from the manufacturing sector
