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US S&P Global final service PMI 50.6 vs 50.5 prelim

US S&P Global final service PMI 50.6 vs 50.5 prelim
  • Prelim 50.5
  • Prior 46.8
  • Composite 50.1 vs 50.2 prelim
  • Prior composite 46.8

Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, said:

"A return to growth of US service sector business activity in February for the first time in eight months has offset a decline in manufacturing output, helping stabilize the economy and hopefully avert a downturn in the first quarter.

"The upturn was led by a revival in spending on s... Read More

Posted: Mar 3 2023, 14:45
Author Name: forexlive
Views: 110186

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