The last two months have seen a major divergence between PMI and ISM Manufacturing reports (as the former confirmed today at its lowest final print since September). May’s final print of 52.7 was slightly above expectations and the preliminary print.
This is the lowest ‘final’ print for US Manufacturing PMI since September (while ISM rebounds)…
This follows China’s Manufacturing PMI ‘contraction’ overnight…
This post was published at Zero Hedge on Jun 1, 2017.
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