The 'S&P Global Manufacturing PMI Final' for the USA is an economic indicator that measures the performance of the manufacturing sector by surveying purchasing managers on various business conditions, such as output, new orders, and employment. A PMI above 50 indicates expansion, while below 50 suggests contraction. It is important because it provides insights into economic health, influencing investor sentiment and monetary policy decisions. Financial markets often react to PMI data as it can signal economic trends and potential shifts in interest rates.
The 'S&P Global Manufacturing PMI Final' for the USA is an economic indicator that measures the performance of the manufacturing sector by surveying purchasing managers on various business conditions, such as output, new orders, and employment. A PMI above 50 indicates expansion, while below 50 s...