Attached Image (click to enlarge)
-
U.S. private sector output stabilises in July but demand falters
U.S. private sector firms indicated a stabilisation of business activity at the start of the third quarter, with the contraction in service sector output slowing further and manufacturers signalling a modest upturn in production. Growth was impeded, however, by an increased rate of decline of new orders, linked in part to renewed coronavirus disease 2019 (COVID-19) containment measures Adjusted for seasonal factors, the IHS Markit Flash U.S. Composite PMI Output Index posted 50.0 in July, up from 47.9 at the end of the second quarter, signalling a stabilisation in private sector output. The latest data thereby ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 24, 2020 9:54am Jul 24, 2020 9:54am
- swing77
- Joined Oct 2015 | Status: Ltf market | 1510 Comments
- Comment #2
- Quote
- Jul 24, 2020 9:57am Jul 24, 2020 9:57am
- swing77
- Joined Oct 2015 | Status: Ltf market | 1510 Comments
- Comment #3
- Quote
- Jul 24, 2020 10:06am Jul 24, 2020 10:06am
- BaliBoyz80
- | Joined Mar 2020 | Status: Member | 798 Comments
- Comment #4
- Quote
- Jul 26, 2020 11:02pm Jul 26, 2020 11:02pm
- swing77
- Joined Oct 2015 | Status: Ltf market | 1510 Comments