A huge beat in US services. V's everywhere.
Global PMI
Global PMI
Wednesday, August 5, 2020
The V-shaped recovery continues world-wide, but Japan and Asia are bringing up the rear.
Global PMI
Monday, July 6, 2020
Wow. V-shaped recovery pretty much everywhere! Remember, PMI's give you direction and intensity (growth versus contraction) -- not level. But without direction and intensity you can't get the level!
Global PMI
Wednesday, June 3, 2020
It's official. The V-shaped recovery is upon us! (And this is still only May data!)
Global PMI
Tuesday, May 5, 2020
It's a global cliff-dive. Except for China, which dealt with Covid-19 first, and is now showing a literally V-shaped recovery.
Global PMI
Friday, April 3, 2020
Wait. That wasn't supposed to happen. US services purchasing managers weren't supposed to be optimistic. Didn't they get the memo?
Global PMI
Wednesday, March 4, 2020
China is a pit of awfulness. But the rest of the world looks pretty darn strong, at least for now.
Global PMI
Wednesday, February 5, 2020
How can anyone look at this global data and not see recovery from a near-miss recession? Next month is another matter...
Global PMI
Tuesday, January 7, 2020
Results are spotty around the world, but the whiff of recovery and reflation is in the air.