Manufacturing growth slowest in 19 months: Markit

NEW YORK (Reuters) – Manufacturing this month expanded at its slowest pace since late 2010, hobbled by weak overseas demand for American goods, though a rise in domestic orders helped cushion the blow. Financial information firm Markit said on Tuesday its U.S. "flash" manufacturing Purchasing Managers Index for July fell to 51.8 from 52.5 in June. July marked the fourth consecutive month of slower growth and the sector's weakest showing since December, 2010. The index remained above 50, indicating factory activity continued to expand, only less rapidly. …

Manufacturing growth slowest in 19 months: Markit NEW YORK (Reuters) – Manufacturing this month expanded at its slowest pace since late 2010, hobbled by weak overseas demand for American goods, though a rise in domestic orders helped cushion the blow. Financial information firm Markit said on Tuesday its U.S. "flash" manufacturing Purchasing Managers Index for [...]