<p><div class="KonaFilter image-container display-table float_right"><div><div class="image"><img src="http://static4.businessinsider.com/image/5306078269bedd1466b86a27-774-580/allegheny-technologies-steel-factory-1.jpg" border="0" alt="allegheny technologies steel factory" /><p class="source"><span><a href="http://commons.wikimedia.org/wiki/File:Allegheny_Ludlum_steel_furnace.jpg">Wikimedia Commons</a></span></p><p class="caption">White-hot steel pours like water from a 35-ton electric furnace, Allegheny Ludlum Steel Corp., Brackenridge, Pa.</p></div><p></p></div></div>Markit will release its purchasing manager's index for U.S. manufacturing just before 9 a.m. eastern.</p>
<p>Consensus expectations is for a reading of 53.6, down a tick from 53.7 last year.</p>
<p>The big news today was that flash China PMI came in below expectations, showing worsening contraction and tanking global markets.</p>
<p>We've been getting some shaky U.S. data recently, so a nasty figure here could exacerbate the picture.</p>
<p>You can catch the release when it goes live <a href="markiteconomics.com/Public/Page.mvc/PressReleases">here »</a></p>

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BusinessInsider

HERE COMES FLASH US MANUFACTURING DATA...

Wikimedia CommonsWhite-hot steel pours like water from a 35-ton electric furnace, Allegheny Ludlum Steel Corp., Brackenridge, Pa.Markit will release its purchasing manager's index for U.S. manufacturing just before 9 a.m. eastern. Consensus expectations is for a reading of 53.6, down a tick from 53.7 last year. The big news today was that flash China PMI came in below expectations, showing worsening contraction and tanking global markets. We've been getting some shaky U.S. data recently, so a nasty figure here could exacerbate the picture. You can catch the release when it goes live here »

Wikimedia CommonsWhite-hot steel pours like water from a 35-ton electric furnace, Allegheny Ludlum Steel Corp. , Brackenridge, Pa.

HERE COMES FLASH US MANUFACTURING DATA...

Rob Wile

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