Open Demo Account
Home / Market Update / U.S. Manufacturing PMI Stable in June – IHS Markit

U.S. Manufacturing PMI Stable in June – IHS Markit

M. Ali 1 July, 2021 7:18 pm Market Update

Manufacturing activity in the United States stabilized in June, according to recent data.

The seasonally adjusted IHS Markit U.S. Manufacturing Purchasing Managers’ Index (PMI) registered 62.1 in June, maintaining its reading in May.

However, the reading came below the previous flash estimate of 62.6.

Operating conditions registered its best improvement, and the growth of new orders remained substantial last month.

Tags

Check Also

Markets on Edge: FOMC Signals and Oil Data Set the Tone for a Critical Wednesday

Global markets are heading into a decisive session as investors brace for fresh signals from …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends