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US Manufacturing employment growth hits 2½ year high
At 57.9 in September, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™ ) 1 remained well above the neutral 50.0 value, to indicate a robust improvement in overall operating conditions across the manufacturing sector. Moreover, the headline Manufacturing PMI index – which is designed to signal changes in prevailing business conditions in the U.S. manufacturing sector – held at the same level as August’s 52-month high. Over the third quarter of 2014, the U.S. Manufacturing PMI averaged 57.2, which is the highest seen in any quarter since the survey began in early ... (full story)