Odd that China's PMIs continue to be the weakest in the world. They claim, and their statistics represent, that they have completely conquered the pandemic.
Global PMI
Global PMI
Tuesday, July 6, 2021
US services PMI misses, but still at a very high level. Respondents are mixed between awe at the pace of recovery and frustration over supply chain issues.
Global PMI
Thursday, June 3, 2021
In the US, upticks in the overall index for manufacturing and services. The "prices paid" index falls for manufacturing, rises for services. The "employment" index falls for both. We are most delighted to see the "inventories" index rise for both.
Global PMI
Wednesday, May 5, 2021
The V-shaped recovery continues almost universally. Notable exceptions are Brazil (where Covid cases linger near the highs) and China (where they claim Covid cases linger near the lows).
Global PMI
Monday, April 5, 2021
63.7: Highest US non-manufacturing PMI in history. Now do you believe? BOOM!
Global PMI
Wednesday, March 3, 2021
How do you know you are in a global boom? When it feels like a big miss for US non-manufacturing PMI to come in at "only" 55.3.
Global PMI
Tuesday, February 2, 2021
Wow. US non-manufacturing smashes expectations, highest since February 2019.
Global PMI
Thursday, January 7, 2021
US PMI's surprise on the upside -- December felt soft in many ways, but apparently this is really a boom.
Global PMI
Thursday, December 3, 2020
Europe is showing some weakness, having already been the slowest region. But even there, the recovery from the spring bottom remains V-shaped around the world.
Global PMI
Wednesday, November 4, 2020
The V-shaped recovery continues everywhere. In the US, the recovery looks more classically cyclical as manufacturing beats, services miss slightly.