U.S. manufacturers indicated a strong improvement in overall business conditions during August, driven by faster rises in output, new orders and payroll numbers.
The latest Markit Purchasing Managers’ Index (PMI) survey also signalled a boost to production schedules from greater export sales, with new work from abroad increasing at the steepest pace for three years. At 57.9 in August, up from 55.8 in July, the final seasonally adjusted Markit U.S. Manufacturing PMI remained well above the neutral 50.0…
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