Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...
On May 1, 2024, the Institute for Supply Management released ISM Manufacturing PMI report. The report indicated that ISM Manufacturing PMI declined from 50.3 in March to 49.2 in April, compared to ...
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From expansion to contraction: Australia’s economy loses momentum
Australia’s economic momentum is showing signs of strain. After months of steady expansion, activity in the private sector ...
Stocks and Treasury yields remained mostly lower after a round of closely watched economic data, including the March JOLTS report and the Institute for Supply Management's latest manufacturing ...
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