US Manufacturing Flashes “Warning Light” As New Orders, Employment Tumble

Tuesday, August 23, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 23, 2016

Following the eurozone’s disappointing drift lower in Manufacturing PMI (and weakness in German Services), August’s US preliminary manufacturing PMI printed a disasppointing 52.1 (against expectations of 52.6). Weakness in Employment (lowest in 4 months) and New Orders underpin the drop from 52.9 to 52.1 as the 2 month hope-fueled bounce has faded…

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