Skip to main content
Back to feed
MarketsConfirmedMedium
8.9

US Preliminary Composite PMI Rises to 53.6 in July, Exceeding Expectations

The US preliminary composite PMI for July reached 53.6, surpassing the consensus forecast of 52.2. This expansion indicates stronger-than-anticipated economic activity, potentially complicating the Federal Reserve's outlook on cooling growth.

InfoMoney2 days agoUSCredibility 46%View source

Score Breakdown

Mosaic Score8.9
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

#pmi#macroeconomics#us-economy#growth

Locations

United States
Source

Part of 2 situations

activeEnergyClimate12h ago

France — 4 developments

→ stable·10 signals·FR, USScore 6.8
activeMarkets12h 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

Related signals

8 found