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U.S. Manufacturing PMI Stable in June – IHS Markit

M. Ali 1 July, 2021 7:18 pm Market Update

Manufacturing activity in the United States stabilized in June, according to recent data.

The seasonally adjusted IHS Markit U.S. Manufacturing Purchasing Managers’ Index (PMI) registered 62.1 in June, maintaining its reading in May.

However, the reading came below the previous flash estimate of 62.6.

Operating conditions registered its best improvement, and the growth of new orders remained substantial last month.

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