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US DATA: Mfg PMI Upward Revision Doesn’t Materially Alter Larger Contraction

US DATA
  • The S&P Global US manufacturing PMI was revised up to 47.3 (flash and cons 47.0) in September to trim the decline from 47.9 in August. As such it maintained a move deeper into contraction territory (and its lowest since Jun 2023) but firms increased their selling prices by the most since April. Full press release here

     

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  • The S&P Global US manufacturing PMI was revised up to 47.3 (flash and cons 47.0) in September to trim the decline from 47.9 in August. As such it maintained a move deeper into contraction territory (and its lowest since Jun 2023) but firms increased their selling prices by the most since April. Full press release here

     

Keep reading...Show less