Purchasing Managers Index

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...

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...

On Monday, The S&P Global U.S. Manufacturing PMI (purchasing managers index) for July was at its lowest in the past two years as output and new orders decreased. “The rising cost of living is the most commonly cited cause of lower sales, as well as the worsening economic outlook,"...

Brent crude oil began the week under pressure again as market oversupply continued to outweigh supply interruption concerns. The commodity traded at $102.75 at 7:20 GMT following disappointing economic data from both China and Europe. With crude output on the rise, most are worried that the...

Eurozone growth slowed in July, as the debt, financial, and unemployment crises continue to cripple the continents economy. Data released overnight showed that the European economy slowed in July from June ever so slightly. However, peripheral nations including Spain and Italy actually showed some...