MW: Final U.S. Markit PMI index for August at 53.1
By Jeffry Bartash
WASHINGTON (MarketWatch) - The final reading of Markit's U.S. manufacturing purchasing managers index slipped to 53.1 in August from an initial "flash" reading of 53.9, and it was down from 53.7 in July. That's consistent with a "moderate improvement in overall manufacturing business conditions," Markit said. A similar and more closely followed survey by the Institute for Supply Management is due at 10 a.m. Eastern. The ISM index is projected to dip to 54.1% in August from 55.4% in July.
