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Manufacturing Purchasing Managers’ Index Lowest Since February

The May Markit Flash U.S. Manufacturing PMI indicated a solid improvement in U.S. manufacturing sector business conditions, according to the preliminary ‘flash’ reading which is based on around 85% of usual monthly replies. However, with the seasonally adjusted PMI falling from 56.0 in April to 53.9, the headline PMI nonetheless signaled the weakest expansion in three months.

The PMI was pulled down by output, new orders, inventories of purchases and employment all rising at slower rates than April, while supplier delivery times lengthened at a reduced rate.

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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