US Manufacturing Schizophrenia Continues – Best ISM Since Aug 2014, Worst PMI Since Dec 2016
by Tyler Durden
ZeroHedge.com
Jul 3, 2017
US Manufacturing stumbled to its lowest since Dec 2016 according to the latest ‘soft’ survey from Markit, as respondents reported a “disappointing end to the second quarter, with few signs of growth picking up any time soon.” However, if ISM’s seasonal adjustments are listened to, US Manufacturing just surged to its highest since Aug 2014... you decide.
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