WASHINGTON (MarketWatch)Markit's U.S. index of manufacturing purchasing managers rose to 54.3 in a preliminary November reading, an eight-month high, from a final reading of 51.8 in October, according to data released
Readings above 50 indicate expansion and the PMI in November signals faster growth
"The PMI bounced back from the fall seen in October, linked to business returning to normal after the uncertainty and disruption caused by the government shutdown," said Chris Williamson, Markit's chief economist
November saw faster expansion for output and new orders, while growth slightly slowed for employment
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