23 Jun 2017
US: Private sector output growth slows in June, new orders rise at strongest pace for 5 months - Markit
"U.S. private sector firms recorded a further solid expansion of business activity in June, but there was a loss of momentum since May," said IHS Markit on Friday.
Key highlights:
- Flash U.S. Composite Output Index at 53.0 (53.6 in May). 3-month low
- Flash U.S. Services Business Activity Index at 53.0 (53.6 in May). 3-month low
- Flash U.S. Manufacturing PMI at 52.1 (52.7 in May). 9-month low
- Flash U.S. Manufacturing Output Index at 52.9 (53.7 in May), 9-month low
- Staff recruitment also picked up in June, with payroll numbers expanding at the strongest pace for four months