S&P Global US Manufacturing plunged from 50.4 to 47.6 (contraction), well below the 50.0 expectation. This is the lowest since May 2020. S&P Global US Services tumbled from 47.8 to 46.1 (contraction), below the 48.0 expectation.
S&P Global US Manufacturing plunged from 50.4 to 47.6 (contraction), well below the 50.0 expectation. This is the lowest since May 2020. S&P Global US Services tumbled from 47.8 to 46.1 (contraction), below the 48.0 expectation.