U.S. PMI Composite final print revised up a tick from initial estimate
==========
The S&P Global U.S. PMI Composite came in at 54.5, revised up from the initial estimate of 54.4, indicating a significant increase from 51.3 in April. Companies increased output and new export business expanded. Services PMI was 54.8, unchanged from the initial estimate and higher than the previous month. Services employment fell for the second month in a row. The data suggest a healthy pace of expansion in the U.S. private sector. Andrew Harker, economics director at S&P Global Market Intelligence, commented on the acceleration in the manufacturing sector and the overall expansion in the private sector. The article was written by Liz Kiesche and published on Seeking Alpha.
#UsPmiComposite #EconomicExpansion #S&pGlobal #ServicesPmi #Employment
https://seekingalpha.com/news/4113163-us-pmi-composite-final-print-revised-up-a-tick-from-initial-estimate
Seeking Alpha /
npub1qpf…damf
2024-06-05 16:24:34
Author Public Key
npub1qpfrthtcf6g8grmwfv45qf28aa4xqk73pgnmwjdfuze8zl2l2cnsewdamfPublished at
2024-06-05 16:24:34Event JSON
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"content": "U.S. PMI Composite final print revised up a tick from initial estimate\n==========\n\nThe S\u0026P Global U.S. PMI Composite came in at 54.5, revised up from the initial estimate of 54.4, indicating a significant increase from 51.3 in April. Companies increased output and new export business expanded. Services PMI was 54.8, unchanged from the initial estimate and higher than the previous month. Services employment fell for the second month in a row. The data suggest a healthy pace of expansion in the U.S. private sector. Andrew Harker, economics director at S\u0026P Global Market Intelligence, commented on the acceleration in the manufacturing sector and the overall expansion in the private sector. The article was written by Liz Kiesche and published on Seeking Alpha.\n\n#UsPmiComposite #EconomicExpansion #S\u0026pGlobal #ServicesPmi #Employment\n\nhttps://seekingalpha.com/news/4113163-us-pmi-composite-final-print-revised-up-a-tick-from-initial-estimate",
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