Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...
On May 1, 2024, the Institute for Supply Management released ISM Manufacturing PMI report. The report indicated that ISM Manufacturing PMI declined from 50.3 in March to 49.2 in April, compared to ...
After reporting expansion following 16 months of contraction in March, the April Purchasing Manager’s Index of 49.2% indicates that manufacturing economic activity has dropped back into contraction.
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