RSS US PMI manufacturing finalized at 49.4, optimism wanes on inflation worries

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 RSS US PMI manufacturing finalized at 49.4, optimism wanes on inflation worries

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US PMI Manufacturing Index was finalized at 49.4 in December, a slight dip from November’s 49.7, marking the sixth consecutive month of contraction in the sector. Although the decline in manufacturing health remains modest overall, the pace of deterioration has quickened slightly compared to the prior month. Chris Williamson, Chief Business Economist at S&P Global […]

The post US PMI manufacturing finalized at 49.4, optimism wanes on inflation worries appeared first on Action Forex.
 
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