US: Markit Manufacturing PMI to narrowly straddle April’s 50.8 reading - TDS

Research Team at TDS, suggests that the flash Markit Manufacturing PMI for May is the only release schedule for North America and expectations have TD and the market narrowly straddling April’s 50.8 reading.

Key Quotes

“Erosions in both Empire Manufacturing and the Philly Fed Index have us expecting a slight deterioration to 50.5 while the market consensus is for a very modest uptick to 51.0.”