US Manufacturing PMI Tumbles To 22 Month Low: “Lack Of Growth” And Deflation Blamed

Friday, August 21, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/21/2015

“August’s survey highlights a lack of growth momentum and continued weak price pressures across the U.S. manufacturing sector, which adds some fuel to the dovish argument as policymakers weigh up tightening policy in September. With the headline PMI swiftly losing ground after a modest rebound during July, the latest figure now points to the weakest overall pace of manufacturing growth for almost two years.”

The Rest…HERE

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