Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

U.S. Manufacturing Index Heads Higher

NEW YORK, Nov. 21 (UPI) — An index of U.S. manufacturing activity showed growth climbing to an eight-month high in November, Markit Economics said Thursday.

The economic research firm said its flash estimate for manufacturing rose to 54.3 in November, up from October’s 51.8 level, which was a one-year low.

The flash index could be revised. It is based on 85 percent of the data that goes into the final report.

Markit said the new orders index climbed from 52.7 in October to 54.9. The index measuring new export orders rose from 51.3 to 52.6.

The employment index remained positive — above 50 indicates growth — but shows a slowdown from October with the index dropping to 52.2 from 52.7.

“The flash PMI suggests that the manufacturing economy continues to expand at a reasonable but unspectacular rate,” said Markit Chief Economist Chris Williamson in a statement.

“The recent index readings are consistent with manufacturing output growing 0.6% in the fourth quarter — equivalent to an annualised rate of 2.3 percent,” Williamson said.

“However, even this pace of expansion is barely generating any employment growth, with the survey

consistent with manufacturing payrolls rising by only 1,000 in November,” he added.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Manufacturing Index Heads Higher”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.