U.S. PMI Composite Flash falls below consensus in October

Oct. 24, 2022 9:47 AM ETBy: Max Gottlich, SA News Editor10 Comments

Multi racial group of people working with Paperwork on a board room table at a business presentation or seminar.

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  • October S&P Global U.S. PMI Composite: 47.3 vs. 49.3 expected and 49.5 prior.
  • Overall, the decline in business activity "was solid and stronger than that seen in September, as service providers signalled a quicker decline," S&P Global said. "Manufacturers, on the other hand, saw output rise

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