US private sector PMI contracts for the first time in more than two years – Mish Talk

Please consider the S&P Global Flash US Composite PMI for July 2022.

Main results

  • The US PMI composite output index flashes at 47.5 (June: 52.3). Lowest level in 26 months.
  • Flash index of US services business activity at 47.0 (June: 52.7). Lowest level in 26 months.
  • US industrial output flashes at 49.9 (June: 50.2). Lowest level in 25 months.
  • US Manufacturing PMI flashes at 52.3 (June: 52.7). Lowest level in 24 months.

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