US Private Sector PMI Contracts for the First Time in Over Two Years

US Private Sector PMI Contracts for the First Time in Over Two Years

SGT Report - 2022-07-24 - Original post - Cached copy

by Mish Shedlock, Mish Talk: The flash PMI manufacturing and services composite is in contraction. Notably, the contraction is led by services. Please consider the S&P Global Flash US Composite PMI™ for July 2022. Key Findings Flash US PMI Composite Output Index at 47.5 (June: 52.3). 26-month low. Flash US Services Business Activity Index at 47.0 (June: […]

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