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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.....»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
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......»»
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.....»»
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......»»
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.....»»
Eurozone composite PMI edges up to 2-month high as manufacturing outweighs services
The flash readi.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»