U.S. Flash PMI Falls More Than Expected

“April Flash PMI is out.

The headline index fell to 52.0 from last month’s 54.9 reading.

Economists were looking for a smaller decrease to 53.9.

Any number over 50 indicates expansion, so this reading says American manufacturing is still expanding, but at a slower pace than last month.

Below is a full breakdown of the sub-components of the index: …”

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