Here comes flash PMI ...
Advertisement
Thomson Reuters
A Boeing 737 aircraft is seen during the manufacturing process at Boeing's 737 airplane factory in Renton, Washington
Advertisement
Economists estimate a reading of 53.6 for July, unchanged from June, according to Bloomberg.
In a note previewing the data, UBS's Kevin Cummins wrote: "Early signals of July manufacturing activity have been soft, with weakness in the Philadelphia and New York Fed surveys. Since the start of the year, the Markit PMI has been consistently stronger than the manufacturing ISM index (along with most regional factory surveys) and has overstated the trend in manufacturing output growth."
Next StoryAdvertisement
2 states where home prices are falling because there are too many houses and not enough buyers
US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
9 health benefits of drinking sugarcane juice in summer
10 benefits of incorporating almond oil into your daily diet
From heart health to detoxification: 10 reasons to eat beetroot
Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
