Manufacturing growth slowed for a second month in May to just above stagnation as domestic demand declined. The Purchasing Managers Index fell to a seasonally adjusted 50.7, from 52.1 in April, HSBC Holdings said in a report Wednesday, citing data compiled by Markit Economics, a financial information services company. The survey-based index indicates a contraction when below 50 and growth with a figure above 50. The PMI “signaled […]