November 2016 US Markit manufacturing PMI flash report 23 November 2016
Prior 53.4
Output 56.0 vs 55.5 prior
New orders 55.5 vs 54.8 prior
New orders sees the fastest growth in 13 month but mainly on domestic demand than exports. There was a modest uplift in employment.
"US manufacturers enjoyed a strong post-election bounce in November, further tilting the scales toward the Fed hiking rates in December. Many factories reported that demand from customers had picked up as uncertainty about the election result cleared. Domestic demand rose especially sharply, helping to make up for subdued export growth, linked in turn to the strong dollar." Said Chris Williamson at Markit.
US Markit manufacturing PMI flash
