Global PMI - 2024-01-04
Date:
Friday, January 5, 2024
Summary:
Don't read too much into the big miss in US services PMI just now, at 50.6 (consensus was 52.5). It was at 49.2 a year ago, and we had a boom year in 2023. It was lower than now, at 50.3 in May, and then the following quarter was about 5% real GDP growth.