-PMI down for second month running, but still consistent with modest manufacturing expansion -New orders increase at slowest rate since April - Solid rise in manufacturing output - Employment growth at three-month low Data collected 12–20 September. At 52.8 in September, the Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™) 1 suggested a modest improvement in manufacturing business conditions. The flash PMI index, which is based on approximately 85% of usual monthly survey replies, was down from 53.1 in August, and indicated that the rate of growth was the weakest since June. Manufacturing output ... (full story)