Flash U.S. Markit Manufacturing Index Flat In September

By MarketWatch Pulse

​WASHINGTON -- U.S. manufacturers matched the slowest pace of growth in September in 22 months, according to the "flash" or preliminary reading from the Markit research firm. The flash PMI was unchanged at 53.0 last month, reflecting the lowest level since October 2013. Readings over 50 indicate growth, but manufacturers have been hurt by a stronger dollar and a weaker global economy. Lower oil prices have also cut demand for expensive rigs and other equipment used by the energy industry. Also on Wednesday, Markit said its Eurozone PMI fell in September, while a similar index for China fell to a 78-month low.

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