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ISM Aug Manufacturing PMI Edges Higher To 59.9 vs Jul 59.5

US DATA

US ISM NEW ORDERS INDEX 66.7 AUG VS 64.9 JUL

US ISM EMPLOYMENT INDEX 49.0 AUG VS 52.9 JUL

US ISM PRODUCTION INDEX 60.0 AUG VS 58.4 JUL

US ISM SUPPLIER DELIVERY INDEX 69.5 AUG VS 72.5 JUL

US ISM PRICES PAID INDEX 79.4 AUG VS 85.7 JUL (NSA)

  • The ISM Mfg PMI rose 0.4pt in Aug to 59.9, recovering from July's lowest level since Jan and beating market forecasts (BBG: 58.5).
  • August uptick was led by an increase of New Orders (+1.8pt), Production (+1.6pt), and Order Backlogs (+3.2pt), while Prices (-6.3pt) and Employment (-3.9) were amongst the main sub-indicators posting losses.
  • Production rose for a second month after three months of decline.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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