Cements Archives - Beragam Pengetahuan

Manufacturing PMI Inches Higher, But Still Signals Industry Contraction, Cements Case For Interest Rates On Hold – SPDR S&P 500 (ARCA:SPY) – Beragampengetahuan

1 min read

Trading

Manufacturing PMI Inches Higher, But Still Signals Industry Contraction, Cements Case For Interest Rates On Hold – SPDR S&P 500 (ARCA:SPY) – Beragampengetahuan

September 1, 2023 Maximal0Tagged ARCASPY, beragampengetahuan, Case, Cements, Contraction, Higher, HOLD, inches, Industry, interest, Manufacturing, PMI, Rates, Signals, SPDR

The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) saw a modest uptick to 47.6 in August, beating market expectations of 47. While this marks an improvement from the previous month’s nearly three-year low of 46.4, it still signifies the 10th consecutive month of contraction in manufacturing activity as the gauge remained below […]