Global PMI - 2024-07-02
Date:
Wednesday, July 3, 2024
Summary:
Shocker! The ISM services PMI drops to 48.8, a low almost as bad as the worst of the pandemic depression. But it's also a shocker that S&P Global's equivalent index was 55.3, the highest in more than two years. We're beginning to think some of this data isn't reliable.