The American composite flash PMI index for May 2024 was very solid…
(Boursier.com) — The American composite flash PMI index for May 2024 was very solid at 54.4, with a manufacturing index of 50.9 and a services indicator of 54.8. The FactSet consensus stood at just 51.2 for the composite index, 50.2 for the preliminary manufacturing indicator and 51.5 for the services index. Remember that a PMI index above 50 signals an expansion in activity.
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