The United States manufacturing sector is seeing its decline slow down, according to the S&P Global PMI index which ultimately rose to 49.8 in September (revised from a flash estimate of 48.9), after 47.9 in September. last month.
This favorable trend also seems to be confirmed by the ISM manufacturing index (calculated by the Institute for Supply Management) which rose from 47.6% in August to 49% for the past month.
For the record, it is the threshold of 50 which separates expansion and contraction of the activity of a sector for the PMI and ISM indices: the lower the index is below this threshold, the faster the pace of contraction. .
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2023-10-02 14:12:02
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