US May Markit manufacturing PMI
- Prior was 56.5
- Markit services PMI 55.7 vs 55.0 expected
- Prior Markit services PMI 54.6
- Composite PMI 55.7 vs 54.9 prior
Good numbers. There's nothing to suggest any kind of slowdown in the US (unlike the poor numbers from Europe today).
From the report: "the goods-producing sector seeing the steepest cost increases for seven years in recent months."
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