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US PMIs Decline "Among The Steepest Since The Global Financial Crisis" In January
US PMIs Decline "Among The Steepest Since The Global Financial Crisis" In January The preliminary US PMI data was slightly better than expected but remains in contraction: S&P Global US Manufacturing PMI (January Flash) 46.8 vs 46.0 exp vs 46.2 prior - 7th monthly print below 50 S&P Global US Services PMI (January Flash) 46.6 vs 45.0 exp vs 44.7 prior - 3rd monthly print below 50 Both remain below 50 (i.e. in contraction) Source: Bloomberg The headline Flash US PMI Com
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