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A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. December marked the ninth consecutive month that the PMI remained below the 50 ...
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. US manufacturing drops to 15-month low amid higher input prices: ISM Skip to main ...
S&P Global's own manufacturing PMI reading out Monday showed US manufacturing production reached a 22-month high in March. The firm's broader measure of manufacturing activity hit 51.9 in March ...
The Manufacturing Purchasing Managers’ Index (PMI) rose from October’s 46.5% to 48.4% in November, exceeding analyst expectations of 47.5%, as tracked by TradingEconomics.
It was the first time since October 2022 that the PMI rose above the 50 mark, indicating growth in the manufacturing sector, which accounts for 10.3% of the economy. Economists polled by Reuters ...
The survey's flash manufacturing PMI inched up to 48.8 from 48.5 last month. The results were in line with economists' expectations. Its flash services PMI rose to 57.0, the highest reading since ...
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. Economists polled by Reuters had forecast a PMI of 47.5.
Declines in the US manufacturing sector appear to have bottomed in a positive sign for the economy.. On Thursday, the January ISM Manufacturing PMI index registered a reading of 49.1 percent, up ...