S&P’s US Manufacturing PMI Shows “Solid” Growth Powered by Jump in Domestic New Orders. Canada & Mexico PMIs Tank

The two manufacturing PMIs for the US out today – the ISM Manufacturing PMI and the S&P US Manufacturing PMI – nicely contradicted each other, the first showing solid decline, the second showing solid growth. S&P also released PMIs for Canada and Mexico today. As you’d expect, its US Manufacturing PMI, which showed “solid overall growth”...