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ECONOMICS COMMENTARY
Apr 23, 2013
US PMI points to weakest manufacturing expansion since last October
The Markit Flash US Manufacturing Purchasing Managers' Index (PMI) fell to its lowest reading in six months during April. At 52.0, the flash PMI index, which is based on around 85% of usual monthly replies, was down from 54.6 in March and indicated a moderate improvement in overall manufacturing business conditions.
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