US: Private sector output growth slows in June, new orders rise at strongest pace for 5 months - Markit
|"U.S. private sector firms recorded a further solid expansion of business activity in June, but there was a loss of momentum since May," said IHS Markit on Friday.
Key highlights:
- Flash U.S. Composite Output Index at 53.0 (53.6 in May). 3-month low
- Flash U.S. Services Business Activity Index at 53.0 (53.6 in May). 3-month low
- Flash U.S. Manufacturing PMI at 52.1 (52.7 in May). 9-month low
- Flash U.S. Manufacturing Output Index at 52.9 (53.7 in May), 9-month low
- Staff recruitment also picked up in June, with payroll numbers expanding at the strongest pace for four months
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.