US: Manufacturing PMI registered 53.3 in July, up from 52.0 in June - Markit

"The seasonally adjusted IHS Markit final US Manufacturing Purchasing Managers’ Index (PMI) registered 53.3 in July, up from 52.0 in June to signal a further improvement in the health of the sector," Markit announced on Tuesday.

Key highlights:

• Notably, the latest improvement in operating conditions was solid and the strongest in four months
• Production at US manufacturers increased for the fourteenth month running in July
• New orders received by US manufacturing firms grew at a solid pace, recovering from the nine-month low seen in June
• Notably, the latest expansion in staffing levels was the strongest in five months