August @SPGlobalPMI U.S. Manufacturing down to 53.2 vs. 53.9 est. & 53.9 prior; Services PMI up to 56.8 vs. 54.0 est. & 54.6 prior; Composite PMI up to 56.0 vs. 54.0 est. & 54.5 prior http
Manufacturing missed estimates while services and composite beat, signaling divergent U.S. growth.
What changed
Why it matters
Manufacturing missed estimates while services and composite beat, signaling divergent U.S. growth.