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US output growth hits three-month low amid disruptions from 'big freeze' in January
-Manufacturing PMI falls for the first time since last October… - ...reflecting slower output and new order growth - Extreme weather leads to sharpest lengthening of suppliers’ delivery times since August 2008 Data collected 13 – 22 January 2014. At 53.7 in January, down from 55.0 in December, the Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™ ) 1 , which is based on approximately 85% of usual monthly replies, signalled the slowest improvement in overall business conditions for three months. That said, the index was above the neutral 50.0 mark and slightly higher than its average for ... (full story)
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