Factory activity growth slips in October: Markit
Conference Board's index of leading economic indicators gauge of outlook for next 3-6 mths up 0.8%
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New York
THE US manufacturing sector slowed in October to its lowest rate of growth since July, while a gauge of new orders hit its lowest level since January, an industry report showed on Thursday.
Financial data firm Markit said that its preliminary or "flash" US Manufacturing Purchasing Managers Index fell to 56.2 from September's final reading of 57.5. Economists polled by Reuters had expected it to drop to 57.0.
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