“At 55.5 in July, the seasonally adjusted IHS Markit Flash U.S. Manufacturing Purchasing Managers’ was little-changed since June (55.4) and well above the average since this index began in May 2007 (52.6),” Markit Economics reported on Tuesday. Key takeaways from the official publication A relatively strong improvement in manufacturing business conditions reflected robust new order growth, alongside a solid upturn in both production volumes and employment numbers. Survey respondents widely commented on low stocks among suppliers and capacity constraints across the freight industry. On the inflation front, latest data revealed another sharp rise in average cost burdens, which manufacturers overwhelmingly attributed to higher raw material prices. Despite concerns about higher input costs and tight labour market conditions, manufacturing companies remained upbeat about the year-ahead business outlook. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Services PMI eases to 56.2 in July to fall short of market expectation of 56.5 – Markit FX Street 5 years "At 55.5 in July, the seasonally adjusted IHS Markit Flash U.S. Manufacturing Purchasing Managers' was little-changed since June (55.4) and well above the average since this index began in May 2007 (52.6)," Markit Economics reported on Tuesday. Key takeaways from the official publication A relatively strong improvement in manufacturing business conditions reflected robust new order growth, alongside a solid upturn in both production volumes and employment numbers. Survey respondents widely commented on low stocks among suppliers and capacity constraints across the freight industry. On the inflation front, latest data revealed another sharp rise in average cost burdens, which manufacturers… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
