Markit final US manufacturing PMI 55.5 vs 56.0 expected

  • The final reading of 55.5 is the same as the flash reading
  • February final reading was 57.1
  • Output sub-index at 57.5 is the same as flash reading
  • New orders 58.1 vs 58.0 flash reading

Economists were looking for a bump in the final revision but it didn’t come. I get the sense that economists are over-estimating March manufacturing but we’ll find out for sure when the March ISM numbers are released at the top of the hour.

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