Analysis of the March Flash S&P Global Services PMI Report
Thursday, 21 March 2024, 13:45
US March Flash S&P Global Services PMI Report
According to the latest data, the US March flash S&P Global services PMI reached 51.7, slightly below the expected 52.0. Additionally, the manufacturing sector reported 52.5 compared to the expected 51.7. There was a small miss in the composite index, which fell to 52.2 from the prior 52.5. While the impact is minimal, it signifies a slight downturn in the US economic activity. Adam Button analyzes the implications of these numbers for the financial markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.