PMI

The latest indications on U.S. private sector activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023. A positive takeaway from the flash Purchasing Managers Index (PMI) surveys released Tuesday by S&P Global is the...

The Shockwave offer that DKI predicted in December happened this week with Johnson & Johnson (NYSE: JNJ)agreeing to pay $335 per share in cash. DKI subscribers celebrated! The PMI came in  hot. Don’t want to read the details? The conclusion is “higher for longer”....

U.S. manufacturing activity exceeded expectations in March 2024, achieving its fastest growth rate since September 2022. This has triggered an immediate rebound of the dollar, driven by a shift in expectations regarding interest rates, as traders now anticipate stronger economic data, potentially...

In a significant turn of events, China’s manufacturing sector has shown robust growth, marking a promising sign for the global economy. What Happened: Caixin Global reported on Monday that the Caixin China General Manufacturing Purchasing Managers' Index (PMI) rose to 51.1 in March from 50.9...

The U.S. services sector expanded more than anticipated in January, underscoring the sector’s robust performance even amidst elevated borrowing costs and rising geopolitical tensions. The Institute for Supply Management (ISM) said Monday that its Services Purchasing Managers’ Index (...

The U.S. economy demonstrated a robust beginning to 2024, according to the latest flash PMI estimates from S&P Global. Marking a significant upturn, overall business activity accelerated to its fastest pace since mid-2023, driven predominantly by the service sector, with manufacturing also...

Economic activity in the U.S. manufacturing sector contracted in December for the 14th consecutive month, marking the longest slump for the sector since 2000-2001. This persistent downturn highlights ongoing challenges faced by the industry, despite some areas showing signs of stabilization. Key...

Activity in the service sector experienced a surprising uptick in November, beating economists’ expectations and quelling fears of an ongoing economic slowdown. However, the number of job openings substantially dropped from 9.3 million in September to 8.733 million in October, raising...

The U.S. manufacturing sector’s struggle persisted through November, with the Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) remaining in contractionary territory at 46.7. This figure, unchanged from October, missed market forecasts of 47.6, marking...

U.S. economic activity presented a mixed picture in November, as revealed by the latest Purchasing Managers’ Index (PMI) data from S&P Global. The data released Friday reflects a slight contraction in the manufacturing sector and unexpected growth in services. Manufacturing Sector Takes...

The powerhouse of the American economy, the services sector, continued to show signs of resilience in August, but discrepancies in data collection methods are beginning to emerge. The ISM Services PMI recorded its eight straight month of expansion, coming in at 54.5, the fastest pace of growth...

The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) saw a modest uptick to 47.6 in August, beating market expectations of 47. While this marks an improvement from the previous month’s nearly three-year low of 46.4, it still signifies the 10th...

The 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,...

Economic statistics released on Aug. 1 delivered unwelcome news of a slower-than-expected rebound in the U.S. manufacturing sector, which continues to grapple with an extended period of crisis. In parallel, there has been a decrease in the number of job vacancies, suggesting potential softening in...

The Purchasing Managers’ Index (PMI) data released Monday by S&P Global indicates that the private sector’s economic activity in the United States continues to show strong resilience in July. Furthermore, the notable contrast between robust growth in the services sector and the...