CNBC reports that US Manufacturing has rebounded from a lull during the summer months.
- The initial reading of U.S. manufacturing PMI reached 51.0 in September, the highest figure since April.
- Stronger new order growth and rates of output largely helped boost the overall sector this month, according to Markit.
- “Although picking up slightly, the overall rate of growth in September remained among the weakest since 2016,” says Markit’s Chris Williamson. Continue reading