Flash PMI from Markit for August
- Prior was 52.9 (a nine month high)
- Output index 53.9 vs 53.8 prior
- Employment index 50.6 vs 53.3 prior (four month low)
- Export sales were at a 23-month high
"U.S. goods producers saw a further upturn in overall business conditions during August, though the rate of improvement was softer than seen in July. While output continued to rise markedly, total new work rose at a slower pace and employment expanded at the weakest rate in four months. Meanwhile, companies reported near-stagnant price trends overall, with input prices rising only marginally and companies leaving their prices charged unchanged from the previous month," Markit said.
