Posts Tagged ‘steepest’

US Manufacturing Sees ‘Steepest Downturn’ Since 2008–09 Financial Crisis: S&P Global PMI

U.S. manufacturing declined last month amid a loss of new orders, signaling troubling times for the sector, according to latest data from S&P Global. The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers Index (PMI) fell to 51.5 in August from 52.2 in July. This is the lowest level since July 2020, stated a news release on […]

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