U.S. factory activity growth slows in April: Markit

April 23, 2015 1:49 PM

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U.S. factory activity growth slows in April: Markit

NEW YORK, April 23 (Reuters) - - Growth in the U.S. manufacturing sector dipped more than expected in April, with factory activity showing the slowest momentum since January, according to an industry report released Thursday.

Financial data firm Markit said its preliminary U.S. Manufacturing Purchasing Managers' Index fell to 54.2 in April from the final March read of 55.7. Economists polled by Reuters had forecast the April figure would come in at 55.5.

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