Oil price surge and frail consumer confidence weigh on factory output

Although the sector remained in expansion, "warning signs" are starting to appear, said Susan Spence, chair of the Institute for Supply Management.

Sentiment among manufacturing businesses rose to its highest level last month since January

India's factory growth hits a five-year low in August, driven by weak demand and rising job losses, PMI reports.

August PMI falls to 45.8 as business activity and sales orders weaken.

U.S. manufacturing activity cooled off in August after a period of strong expansion, with new orders experiencing a decline. Input prices remained high due to continued supply…