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The services purchasing managers’ index rose slighly to 62 from 61.8 in January, while the manufacturing index increased to 56.7 from 56.5. The composite index climbed to a seven-month high of 61.5.
Services PMIs in focus as stock markets struggle By Michael Hewson (Chief Market Analyst at CMC Markets UK) Yesterday saw another day where rising US
The flash PMI survey for August shows that the service sector-led acceleration of growth in the advanced Western economies has faded
For the Fed, the problem is that inflation in the services sector remains high on account of wage pressures, despite a slowing economy
US The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain confident tha