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cailianshe news, september 4 (edited by zhao hao)two newly released sets of manufacturing indicators also showed that u.s. factories were still in a slowdown mode in august, exacerbating concerns about the direction of the economy.

in the early trading of u.s. stocks on tuesday (september 3), data released by the institute for supply management (ism) showed that the manufacturing purchasing managers' index (pmi) in august was 47.2, up 0.4 points from 46.8 in july, but still lower than the market's original expectation of 47.5.

source: trading economics

the pmi is compiled through a monthly survey of purchasing managers. it is a "barometer" for measuring the development of the industry and reflecting future economic trends. the index usually takes 50 as the critical point. if it is higher than 50, it means that a certain field is in an expansionary state; if it is lower than 50, it means that the field is in a contractionary state.

the pmi is compiled through a monthly survey of purchasing managers. it is a "barometer" for measuring the development of the industry and reflecting future economic trends. the index usually takes 50 as the critical point. if it is higher than 50, it means that a certain field is in an expansionary state; if it is lower than 50, it means that the field is in a contractionary state.