US manufacturing growth slowed in August, with ISM PMI Manufacturing easing from 55.6 to 54.6, below 55.3 consensus, while remaining firmly in expansion for eighth straight month. Production held up comparatively well, slipping from 58.5 to 58.3, but new orders lost more momentum, falling from 56.7 to 53.7. ISM said August headline reading was historically […]The post US ISM Manufacturing Slows to 54.6 as Orders and Hiring Lose Momentum appeared first on ActionForex.