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Flash eurozone services PMI slumps to record low 11.7 in April

The IHS Markit flash eurozone services purchasing managers index in April skidded to a record low of 11.7 from 26.4 in March, while the manufacturing PMI fell to a 134-month low of 33.6 from 44.5. Economists according to FactSet had e.....»»

Category: topSource: marketwatchApr 23rd, 2020

US Services Economy Collapses To 18-Mo Lows As Manufacturing Rebounds, Storms Blamed

Having fallen for the last 3-4 months, as ISM's surveys have rebounded, Markit's Manufacturing and Services PMIs were expected to bounce modestly in the flash September print (after Europe's composite PMI fell disappointingly). However.....»»

Category: blogSource: zerohedgeSep 21st, 2018

US Services Economy Slumps To 8-Mo Lows Or Explodes To 21-Year High

Following mixed survey data on US Manufacturing, it was even more insanely divergent in September... Markit US Services PMI dropped to 53.5 - lowest since Januar.....»»

Category: blogSource: zerohedgeOct 3rd, 2018

Manufacturing PMI: Japan rebounds, but trade hits China while UK slumps

Japan is the bright spot in otherwise gloomier PMI readings that show China's manufacturing barely grew after stalling in September and British factories suffered their worst month since just after 2016's Brexit vote. David Pollard reports......»»

Category: videoSource: reutersNov 1st, 2018

US Services Economy Slides (Or Rebounds) As Surveys Signal Nothing But Confusion

After Manufacturing data showed a jump (Markit) or dump (ISM), US Services data was expected to rebound (Markit) or relapse (ISM) in October. To summarize the divergences.....»»

Category: blogSource: zerohedgeNov 5th, 2018

US Services Slow, Manufacturing Rebounds As "Soft" Survey Data Collapses

After Europe's PMI plunged (led by contractions in France and Germany), US PMIs offered a mixed bag with Services dropping to 4-month lows an.....»»

Category: blogSource: zerohedgeJan 24th, 2019

Economic Report: U.S. manufacturing PMI slumps to 17-month low, while services gauge picks up

A reading of U.S. manufacturing sentiment fell in February to the lowest level in 17 months, another sign of the declining momentum in the industrial sector......»»

Category: topSource: marketwatchFeb 21st, 2019

Stagflation Slams US - Production Slumps As Supply Chain Disruptions Spark Record Surge In Prices

Stagflation Slams US - Production Slumps As Supply Chain Disruptions Spark Record Surge In Prices After March's explosive surge higher in 'soft' survey data on the manufacturing (and services) sector, analysts expect.....»»

Category: personnelSource: nytMay 3rd, 2021

Economic Report: U.S. manufacturing takes temporary step back in February as durable goods orders post first drop in 10 months

U.S. orders for long-lasting manufactured goods fell in February for the first time since last spring in a month pockmarked by severe weather, but the lapse in growth is likely to prove temporary as the economy regains momentum after a winter lull......»»

Category: topSource: marketwatchMar 24th, 2021

Inflation Signals Soar To Record Highs Amid Mixed PMIs

Inflation Signals Soar To Record Highs Amid Mixed PMIs In the first glimpse of February economic sentiment, Markit has just released its survey data for the US services and manufacturing following rebounds in UK, EU, and Japanese data. Des.....»»

Category: smallbizSource: nytFeb 19th, 2021

Eurozone composite PMI edges up to 2-month high as manufacturing outweighs services

The flash readi.....»»

Category: topSource: marketwatchFeb 19th, 2021

U.S. business activity hits fresh record lows amid coronavirus lockdowns

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

Category: topSource: foxnewsApr 23rd, 2020

U.S. business activity hits fresh record lows amid coronavirus lockdowns

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

Category: topSource: reutersApr 23rd, 2020

UK facing Depression-style hit as firms slump in March

Britain's economy looks set for a slump that in the short term could be deeper than during the depression of the 1930s, as a survey showed the coronavirus crisis caused a record downturn among services and manufacturing firms in March......»»

Category: topSource: reutersApr 3rd, 2020

Eurozone manufacturing PMI slumps to 92-month low in March

The IHS Markit eurozone manufacturing purchasing managers index fell in March to 44.5 from 49.2 in February. That's the lowest reading in 92 months but wasn't a surprise as the flash estimate was 44.8. Around Europe, Italy's manufacturing PMI fell t.....»»

Category: topSource: marketwatchApr 1st, 2020

5 reasons stocks crashed this week (only 1 of them is coronavirus)

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: moneycentralFeb 28th, 2020

5 reasons stocks crashed this week (only 1 of them is coronavirus)

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: moneycentralFeb 28th, 2020

Market Extra: Here are 5 reasons the stock market booked its worst decline since 2008, and only one of them is the coronavirus

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: marketwatchFeb 28th, 2020

Market Extra: Here are 5 reasons the stock market is having its worst decline since 2008, and only one of them is the coronavirus

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: marketwatchFeb 27th, 2020

Coronavirus fears weigh on U.S. manufacturing, services sectors

U.S. manufacturing and services sectors activity stalled in February amid growing concerns about the deadly coronavirus' impact on the economy, boosting investor demand for safe-haven assets like government bonds......»»

Category: topSource: reutersFeb 21st, 2020