02232020Sun
Last updateFri, 21 Feb 2020 3pm

Manufacturing & The Economy

Manufacturing Expansion Slowed in January

Manufacturing firms noted a slower improvement in operating conditions in January, as signaled by a slight dip in the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) from 52.4 to 51.7 in January. Notably, the latest upturn in the health of the sector was the softest since last October. Although output continued to rise at a moderate pace, new business growth was only marginal as both domestic and foreign client demand softened.

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