Home » Business » US manufacturing PMI contracted for a month | RYT9

US manufacturing PMI contracted for a month | RYT9

The S&P Global PMI (PMI) index of the US manufacturing sector revealed that It fell to 46.2 in December from 47.7 in November, but in line with the preliminary figure.

The index remained below the 50 level, indicating a contraction in the US manufacturing sector. which is the second consecutive month of contraction

PMI hit by falling new orders As employment slowed And though business confidence rebounded to its highest level in three months, it was still being pressured by concerns about inflation and consumer demand.


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