Caixin manufacturing PMI index for July 2019
- Prior month 49.4
- The Caixi manufacturing PMI for July 49.9 versus 49.6 estimate
- new orders swing back into modest growth
- new export orders remain week
- factories still cutting jobs
- output rises to 50.1 versus 49 in June
- index is higher than expected but still below the 50.0 level
- the high for the year was 50.8 in March
- the low for the year was 48.3 in January
- 3 months above the 50 level and 4 months below the line.
