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US Markit flash manufacturing PMI slips to three-year low in December

 

The Markit US manufacturing PMI slipped to 51.3 in the flash December reading (previous: 52.8), below consensus expectations (52.6). it is the weakest reading since October 2012. Output declined to 52.7 (previous: 54.8) and new orders remained above neutral at 50.5 (previous: 53.1).

Employment, on the other hand, rose to 53.0 from 52.7 last month. New export orders ticked up to 50.5 (previous: 49.4) and is in line with the prior three-month trend. Apart from input prices, stocks of purchases and work backlogs, all of the survey components printed above the 50 mark in December.

"The relatively short history of the Markit series, we expect greater weight on the ISM manufacturing index while assessing national manufacturing trends. The recent decline in the Markit PMI mirrors the slump that the ISM index registered a few months earlier. On balance, this morning's release does little to alter our outlook for the manufacturing sector", says Barclays.

 

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December 15 21:00 UTC Released

USOverall Net Capital Flows

Actual

151.2 Bln USD

Forecast

Previous

-51.3 Bln USD

December 15 21:00 UTC Released

USNet L-T Flows,Incl.Swaps

Actual

7.9 Bln USD

Forecast

Previous

65.1 Bln USD

January 9 11:00 UTC 3408734087m

BRRetail Sales MM*

Actual

Forecast

0.35 %

Previous

January 9 11:00 UTC 3408734087m

BRRetail Sales YY*

Actual

Forecast

3.20 %

Previous

January 9 11:00 UTC 3408734087m

BRRetail Sales YY*

Actual

Forecast

3.20 %

Previous

January 9 11:00 UTC 3408734087m

BRRetail Sales YY*

Actual

Forecast

3.20 %

Previous

January 9 11:00 UTC 3408734087m

BRRetail Sales MM*

Actual

Forecast

0.35 %

Previous

January 9 11:00 UTC 3408734087m

BRRetail Sales YY*

Actual

Forecast

3.20 %

Previous

December 12 09:30 UTC 63246324m

GBRPIX YY

Actual

Forecast

Previous

4.2 %

December 12 09:30 UTC 63246324m

GBPPI Input Prices MM NSA

Actual

Forecast

Previous

1 %

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