PMI

The U.S. manufacturing sector shrank for the second straight month in April, driven by weakening demand and rising price pressures linked to tariffs, according to the latest data from the Institute for Supply Management (ISM). The ISM Manufacturing Purchasing Managers’ Index (PMI) fell from...

The first big economic pulse check since President Donald Trump's tariff announcement arrives Wednesday, and Wall Street is watching closely. S&P Global will release its flash Purchasing Managers’ Index (PMI) surveys for April, covering the United States, the United Kingdom, Germany and...

The U.S. manufacturing sector showed signs of improvement in November, yet it failed to avoid another month of contractionary conditions. The Manufacturing Purchasing Managers’ Index (PMI) rose from October’s 46.5% to 48.4% in November, exceeding analyst expectations of 47.5%, as...

The U.S. services sector's economic momentum is firing at all cylinders, with business activity in October reaching its strongest level in over two years. According to the Institute for Supply Management, the Services PMI surged to 56% in October 2024, up from 54.9% in September, defying...

The U.S. private sector continues to display robust growth signals, according to the latest data from S&P Global’s Purchasing Managers’ Index (PMI) for October. The surveys indicate that business activity, particularly in the services sector, exceeded expectations, while...

The U.S. manufacturing barometer continued its contractionary trend for the fifth consecutive month in August, though the pace of decline eased slightly compared to July, according to surveys from the Institute for Supply Management (ISM). August marks the 21st month of contraction in the U.S....

U.S. private sector activity likely expanded more than expected this month, driven by growth in the services sector that outweighed the deepening contraction in manufacturing, according to preliminary Purchasing Managers’ Index (PMI) surveys released by S&P Global on Thursday. The flash...

The U.S. manufacturing barometer declined more than anticipated in July, marking the fourth consecutive month of contraction in the sector and the worst one since December 2023, according to the Institute for Supply Management (ISM). The struggles in the manufacturing sector continued to contrast...

U.S. private sector activity displayed stronger-than-anticipated growth in July, driven primarily by a robust services sector, despite manufacturing slipping into contraction for the first time in six months. The preliminary Composite Purchasing Managers’ Index (PMI) edged up from 54.8 in...

U.S. stocks once again reached all-time highs in the shortened trading week due to the Independence Day holiday, as the latest economic data bolstered investor confidence that the Federal Reserve may soon begin cutting interest rates. The U.S. job market showed a better-than-expected increase in...

The latest surveys by S&P Global reveal an American economy firing on all cylinders in June, with robust activity and cooling inflation creating a goldilocks environment, giving the Fed more leeway to cut interest rates. S&P Global Purchasing Managers’ Indices (PMIs) For June: Key...

The U.S. manufacturing activity barometer contracted more than expected in May, leading to a sharp retreat in Treasury yields at the start of the week. After falling back into contraction in April, manufacturing activity continued to decline for the second consecutive month, according to the...

Stronger-than-expected quarterly results and upbeat revenue guidance from Nvidia Corp. sparked a renewed surge in tech stocks on Thursday, as traders continue to exhibit bullish sentiment toward the rapidly expanding AI industry. The chipmaker giant’s stock soared over 10% to $1,051 per share...

The U.S. economy has surged back into full throttle after two months of slower growth, with flash PMI data for May indicating the fastest expansion in over two years. However, this growth is accompanied by a rebound in input costs, raising concerns about the feasibility of returning to the Fed...

The U.S. manufacturing activity sentiment missed expectations in April. After a brief uptick in March, activity retraced back into contraction, according to the Institute for Supply Management (ISM). April ISM Manufacturing PMI Report: Key Highlights The ISM Manufacturing PMI declined from 50.3%...