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US Composite PMI Rises to 53.6 in July, Signaling Eight-Month High

The US composite PMI reached 53.6 in July, driven by a stronger-than-expected services sector performance that offset a slight contraction in manufacturing. This expansion suggests resilient economic activity, though the divergence between services growth and manufacturing cooling remains a key variable for the broader growth outlook.

Valor Econômico1 day agoUSCredibility 45%View source

Score Breakdown

Mosaic Score5.4

Confidence0.9

Significance0.5

Source credibility0.5

Intelligence Tags

#pmi #macroeconomics #services #manufacturing #economic-growth

Entities

country

Source

Part of 2 situations

activeEnergyClimate9h ago

France — 4 developments

→ stable·10 signals·FR, USScore 6.8

activeMarkets9h ago

Global PMI Trends: US Accelerates, France Moderates Contraction in July

The US private sector demonstrated accelerated growth in July, with the preliminary S&P Global Composite PMI rising to 53.6, exceeding expectations and reaching an eight-month high. Conversely, France's Composite PMI improved to 49.6, indicating a moderation in the pace of economic contraction, though remaining below the expansion threshold. The divergence between robust US growth and continued, albeit moderating, contraction in France highlights varied economic trajectories.

→ stable·4 signals·US, FRScore 6.6