2012 Economic Calendar
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PMI Manufacturing Index Flash  
Released On 5/24/2012 9:00:00 AM For May
Level56.0 53.9 

Growth is slowing this month in the US manufacturing sector based on the flash PMI from Markit Economics which slipped 2.1 points to 53.9, a level over 50 to indicate monthly growth but below April to indicate a slower rate of growth. But readings are nevertheless healthy and include moderate growth for new orders, for output and for employment. Inventories are steady though levels may be on the high side given slowing growth in orders. Price readings show minimal and easing pressures.

One area of softness is exports where order growth is minimal, the result of weakness in Europe and slowing in China. Today's results underscore the slowing seen in April's durable goods orders that were released earlier this morning, yet the US manufacturing sector continues to expand and manufacturers continue to add to payrolls.

Based on monthly questionnaire surveys of selected companies, the Purchasing Managers' Manufacturing Index (PMI) offers an advance indication on month-to-month activity in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across manufacturing industries. The flash index, usually released about a week before the final, gives a preliminary reading of conditions for the current month.  Why Investors Care

2012 Release Schedule
Released On: 4/235/246/217/248/239/2010/2411/2112/14
Release For: AprMayJunJulAugSepOctNovDec

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