• Manufacturing PMI rebounds sharply from July’s three-month low • Output and new orders both rise at faster rates • New export business increases at steepest pace for three years • Employment growth accelerates to strongest since March 2013 Data collected 12–20 August 2014. The seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™) which is designed to signal changes in prevailing business conditions in the U.S. manufacturing sector–registered 58.0 in August, up sharply from 55.8 in July and the highest reading for over four years. All five components of the Manufacturing PMI had a ... (full story)