A PMI over 50 signals expansion in the manufacturing sector.

Among the PMI sub-indices, the new orders index fell from the previous month but remained over the 50-point mark.

The production volume index dropped but was over 50.

The employment index declined but indicated growth for the 18th month in a row.

The delivery times index fell and remained under 50.

The gauge of purchased inventories increased and stayed over the 50-point mark.