Highlights of June 2015 US manufacturing PMI final data report 1 July 2015
- Flash 53.4. May 54.0
- Output 53.9 unch vs flash. Prior 55.2
- Employment 55.5 vs 55.0 flash. Prior 54.6
It may be higher on the revision but it's moved manufacturing to the lowest since Oct 2013
Chris Williamson at Markit says that the fall in manufacturing suggests that the economy is slowing again. He adds that the slowdown is linked to a 3rd consecutive month of falling exports, which in turn have been hit by the strong buck
USDJPY is largely unmoved but it will take more note on the ISM numbers next
US Markit manufacturing PMI
