Tag: contraction

U.Ok.’s New Authorities Proclaims Fiscal Contraction as Inflation Soars

Critics fault new price range for failure to plan for long-term progress US quiet forward of Thanksgiving vacation as traders anticipate decrease charge hikes ECB policymakers present little enthusiasm for one more jumbo charge enhance The...

Australian services and composite PMIs for October drop into contraction

S&P Global / Markit PMIs from Australia for October.Services 49.3 vs. September 50.6Composite 49.8 vs. September 50.9The preliminary results out back on the 23rd were in contractions (49.0 and 49.6 respectively Commentary from...

Chicago PMI dropped to 45.2 in October, the second straight month of contraction. Readings below 50 indicate contraction territory.

by Dismal-Jellyfish Report Period Previous Actual Chicago PMI Oct. 45.7 45.2 The Chicago PMI is the latest in regional manufacturing data to show declines: Additionally, the Chicago PMI is the last regional data before the national factory data for October is released Tuesday. New...

Weekend data – China September Services PMI dropped into contraction, first time since May

Caixin Services Purchasing Managers' Index (PMI) for September 2022 came in at 49.3China's economy is struggling under the weight of ongoing COVID outbreaks and the imposition of restrictions on activity. As well as...

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