Insights
Summary: Manufacturing PMI Remains in Contraction Non-Manufacturing PMI Slight Increase China's manufacturing PMI continued to decline, as reported by the National Bureau of Statistics of China on August 31. The manufacturing PMI decreased from 49.4 i...
Insights
The Institute for Supply Management (ISM) released its July Services PMI report on August 6th, revealing that the Services PMI rose from 48.8 in the previous month to 51.6, surpassing market expectations of 51.0. The expansion was driven by 10 industries, including leisure and hospitality, accomm...
Insights
The Institute for Supply Management (ISM) released the Manufacturing Purchasing Managers' Index (PMI) for July on August 1st. The report indicated that the Manufacturing PMI was 46.8 in July, down from 49.3 in June and below the market expectation of 48.8. This marks the fourth consecutive month of ...