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3 Numbers: US manufacturing expected to slide again for August
The kickoff to September brings another busy day for economic news, including the first release of Spain’s Manufacturing PMI data for August. Later, two US releases – initial jobless claims and the ISM Manufacturing Index – will be widely read ahead of tomorrow’s official employment report from the government. Spain: Manufacturing PMI (0715 GMT) Spain’s economy is still the growth leader among Europe’s four-largest countries, but survey data for the manufacturing sector suggests that the macro trend is due to slow in the months ahead. The rearview mirror for GDP data, however, still looks impressive. ... (full story)
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