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S&P global manufacturing PMI flash for September 48.9 versus 48.0 estimate

Prior month manufacturing PMI 47.9. Services PMI 50.5Manufacturing PMI 48.9 versus 48.0 estimateServices PMI 50.2 versus 50.6 estimateComposite PMI 50.1 versus 50.2 last monthMixed report vs expectations. Manufacturing remains below the 50 level indicative of contraction. Services remain just above the 50.0 level as it clings to growth.The services PMI recent high came in at 54.9 in May.Overview comments from S&P globalUS businesses experienced widespread stagnation in output at the end of Q3... Read More

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Content Topics

Global

Manufacturing

Flash

September

48 Versus

Estimate

Forex

Posted: Sep 22 2023, 13:45

Author Name: forexlive

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