United States S&P Global Composite PMI
Category:
Composite PMI
Units:
Points
In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Source:
S&P Global
Event Details
Impact:
Medium
Country:
Symbol:
USD
Latest Release
Previous:
54.8
Consensus:
54.7
Actual:
55
Next Release
Date:
01:45 PM, 5 Aug 2024 (in 9 days)
Time left:
in 9 days
Consensus:
55