Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
BERLIN (Reuters) -Business activity in Germany's private sector has contracted this month, hurt by service sector woes and trade-related uncertainty, although manufacturers are showing some resilience ...
On May 1, 2024, the Institute for Supply Management released ISM Manufacturing PMI report. The report indicated that ISM Manufacturing PMI declined from 50.3 in March to 49.2 in April, compared to ...
The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...
After reporting expansion following 16 months of contraction in March, the April Purchasing Manager’s Index of 49.2% indicates that manufacturing economic activity has dropped back into contraction.
Stocks and Treasury yields remained mostly lower after a round of closely watched economic data, including the March JOLTS report and the Institute for Supply Management's latest manufacturing ...