U.S. Composite PMI rises to 52.2 in June, beating expectations and hitting five-month high
By
Mary Christine Joy
Summary
The U.S. Composite PMI output index rose to 52.2 in June from 51.5 in May, surpassing the consensus estimate of 51.2 and reaching a five-month high, according to preliminary S&P Global data released Tuesday. This indicates expansion in the U.S. services and manufacturing sectors at a faster pace than expected.
Source
bskyU.S. Composite PMI rises to 52.2 in June, beating expectations and hitting five-month highseekingalpha.comKey quotes
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