The seasonally adjusted final IHS Markit U.S. Services Purchasing Managers’ Index (PMI) Business Activity Index registered 64.6 in June, down from 70.4 in May, data showed on Tuesday. The reading comes slightly below the earlier flash estimate of 64.8, according to IHS Markit. The latest expansion in output was the …
Read More »U.S. Services PMI Slows but Maintains Growth in June
Economic activity in the United States services sector expanded last month for the thirteenth consecutive month, data by the Institute for Supply Management (ISM) showed on Tuesday. The Services Sectors Purchasing Managers’ Index (PMI) declined by 3.9% points to 60.1% in June compared with its reading in May, which was at an …
Read More »U.S. Manufacturing Activity Expands in June at Slower Pace
Manufacturing activity in the U.S. expanded last month, however, employment declined for the first time in seven months, data showed on Thursday. The manufacturing purchasing managers’ index (PMI) leveled down to 60.6 in June, from 61.2 in May, according to the Institute for Supply Management (ISM). The PMI reached its …
Read More »U.S. Manufacturing PMI Jumps to 62.6 in June
The IHS Markit’s Manufacturing PMI for the US rose to 62.6 in June from 62.1 in May to a record high. This reading came in better than the market forecast of 61.4 and revaled that the business activity in the manufacturing sector continued to expand at an unprecedented pace.
Read More »Eurozone Preliminary Manufacturing PMI Arrives at 64.9 in June
The Eurozone manufacturing sector activity boosted its pace of expansion in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Wednesday. The manufacturing purchasing managers index remained steady at 63.1 in June and beat 62.1 expectations. Services PMI jumped to 41-month highs of 58.0 in June …
Read More »UK Preliminary Manufacturing PMI eases to 64.2 June
The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to 64.2 in June versus 64.0 expected and 65.6 – May’s final reading.
Read More »ISM Manufacturing PMI Maintains Growth in May
The U.S. manufacturing sector saw an improving level of business activity last month, according to data released on Tuesday. May witnessed an extension to an expansion streak for the sector to the 12th consecutive month, with the overall economy growing, according to the Manufacturing ISM Report on Business by the Institute for Supply …
Read More »Chicago Business PMI at Highest Level Since 1973
The Chicago Business Barometer Index surged in May to reach a reading of 75.2 from a level of 72.1 in April, data showed on Friday. The Purchasing Manager Index (PMI) reached its highest level since 1973, according to ISM-Chicago. Robust demand helped boost the business activity, with the new orders …
Read More »Canada’s Ivey PMI Slows in April
Economic activity in Canada continued to expand during April but a slower pace compared with its highest level in 10 years, which was recorded in March, data showed on Friday. The seasonally adjusted Ivey Purchasing Managers Index (PMI) retreated to a 60.6 in April from a reading of 72.9 in …
Read More »U.S. Manufacturing PMI Slows in April
The manufacturing sector in the United States continued to expand but at a slower pace during April compared with the previous month, data showed on Monday. The manufacturing purchasing managers’ index (PMI) declined to 60.7 last month from a record high of 64.7 in March, according to the Institute for …
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