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0522ctt-by-the-numbers-lores

Published on May 25th, 2014 | By: Jessica McMathis

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By the numbers: US manufacturing output up, new orders and export sales down

Published on May 25th, 2014 | By: Jessica McMathis

 

0522ctt-by-the-numbers-cropCredit: Ken Teegardin; Flickr; CC BY-SA 2.0

 

Despite a dip in new orders and export sales, the Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) was up from 55.4 to 56.2 in May.

 

The output index rose from 58.2 to 59.6, making May the fastest pace for output growth seen since February 2011, and according to the National Association of Manufacturers’ Shopfloor blog, a sign that American manufacturing is rebounding from “weather-related softness” earlier this year.

 

Decreases in new orders (58.9 to 58.2) and export sales (51.9 to 51.5) were slight, but still indicate growth, albeit at a slower rate.

 

Other numbers making news?

 


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