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http://www.businessinsider.com/us-flash-pmi-august-2012-8
Manufacturing in the U.S. expanded at a faster-than-anticipated clip in August but remained near recent lows hit earlier this summer, new data out of Markit Economics shows.
The key business activity index improved 50 basis points from the July print, hitting 51.9.
A reading above 50 indicates expansion.
New orders and output from the nation's factories jumped in the newest report, hitting 52.6 and 52.4, respectively.
Manufacturing in the U.S. expanded at a faster-than-anticipated clip in August but remained near recent lows hit earlier this summer, new data out of Markit Economics shows.
The key business activity index improved 50 basis points from the July print, hitting 51.9.
A reading above 50 indicates expansion.
New orders and output from the nation's factories jumped in the newest report, hitting 52.6 and 52.4, respectively.
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