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August PMIs Fall More Than Expected: Manufacturing Contracts, Services Ebb, Raising Economic Concerns
Wednesday, August 23, 2023 - 9:52am | 269The American economy has been able to stand firm against recessionary fears, displaying remarkable resilience this year, but the latest industry trends reveal some clouds in the sky. The preliminary August Purchasing Managers’ Index (PMI) estimates, a crucial barometer of economic vitality,...
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US S&P Global PMIs Rise More Than Expected: Price Pressures Send Hawkish Signals To Market
Friday, April 21, 2023 - 10:29am | 565The Purchasing Managers' Index (PMI) flash estimates for both manufacturing and services activity in the U.S., as measured by S&P Global, climbed in April, showing economic expansion and positively surprising analysts' expectations. What To Know The U.S. Services PMI...