(Finance) – The growth of manufacturing activity slows down of the United States in August. This is confirmed bypurchasing managers index of companies compiled by S&P Global.
In the eighth month of the year, themanufacturing PMI index it reached 47.3 points, compared to 47.9 in July. This is an upward revision compared to the 47 of the preliminary estimate and expected by the consensus.
The index therefore remains below the key threshold of 50 points which acts as a watershed between expansion (above 50 points) and contraction (below 50 points) of activity.