*SCALPSWINGSTRADDLE*

[Zephyr]

PMI Manufacturing Index Flash - slight miss
Released On 6/20/2013 8:58:00 AM For Jun, 2013
Prior Consensus Consensus Range Actual
Level 51.9 52.7 51.8 to 53.0 52.2
Market Consensus before announcement
The Markit PMI manufacturing index (final) for May posted at 52.3 versus a mid-month reading of 51.9 and compared to a final April reading of 52.1. These readings were all very similar and point to modest and steady monthly growth. But Markit's sample may be picking up steam in the months ahead based on a 5 tenths gain for new orders to 53.3 and a full 1 point gain for backlogs to 51.2. Order growth reflected strength in the domestic market as new export orders were flat at 49.8.