US PMI manufacturing rose to 49, services down to 52.4

<p>US PMI Manufacturing rose from 46.3 to 49.0 in July. PMI Services dropped from 54.4 to 52.4. PMI Composite dropped from 53.2 to 52.0, a 5-month low. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “July is seeing an unwelcome combination of slower economic growth, weaker job creation, gloomier business confidence and […]</p>
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