🏢 The US Services PMI, released by S&P Global, increased to 55.7 in August, up from the previous level of 55.2, marking the fastest growth in business activity in nearly 2.5 years. However, the report also highlighted a drop in employment after two consecutive months of hiring increases, and the selling price inflation rate fell to its lowest level in seven months, suggesting easing inflationary pressures.
#USPMI #ServicesPMI #EconomicGrowth #Employment #Inflation #SPGlobal #EconomicTrends #USEconomy
PolicyWatch / Hak-Kun Hyun Baek ⚡
npub1yu…8f8tc
2024-09-05 14:48:42
Author Public Key
npub1yushpylg8mrz380h2c5prcq67hmev6rshz86mytfu7l3p3p5lhdqr8f8tcPublished at
2024-09-05 14:48:42Event JSON
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