Markit US August final manufacturing PMI 53.0 vs 52.9 expected

Highlights of the Markit manufacturing PMI:

• The preliminary reading was 52.9
• The prior reading was 53.8
• Employment 52.4 vs 52.0 prior
• Manufacturing output 53.8 vs 53.7 prior
• Manufacturing output at lowest since Jan 2014

The ISM manufacturing index is due up at the top of the hour and expected to slip to 52.5 from 52.7.