September marks another month of relatively subdued growth across the U.S. manufacturing sector, according to a preliminary report, and construction activity in the U.S. retreated in August. The Flash U.S. Manufacturing Purchasing Managers’ Index from the financial information services provider Markit registered 53.0 in September, unchanged from August’s 22-month low, signaling one of the slowest rates of overall manufacturing sector expansion in the past two years.
