MarketsConfirmedMediumDeveloping

US S&P Global Composite PMI rises to 53.6 in July, signaling accelerated private sector growth

The US private sector expanded at an accelerated pace in July, with the preliminary S&P Global Composite PMI rising to 53.6 from 51.9 in June. This indicates a strengthening of business activity, though the preliminary nature of the data leaves room for revision in final reports.

FXStreet Forex News1 day agoUSCredibility 33%View source

Score Breakdown

Mosaic Score10.0

Confidence0.9

Significance0.5

Source credibility0.3

Intelligence Tags

#pmi #economic-growth #us-economy #business-activity

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