US manufacturing experienced a further solid month expansion in December 2014 with the Markit US Manufacturing Purchasing Managers’ Index (PMI) reaching 53.9 in December and signalling five straight years of industrial growth.
Markit US PMI graph to December 2014 – image courtesy of Markit Although the US PMI did fall by 0.9 from 54.8 in November, signalling a slight slow down, any amount above 50 signals growth. Levels of new work continued to increase in December and the rate of expansion picked up…
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