US S&P Global Composite PMI Final (Jan) 53 vs. Exp. 52.8 (Prev. 52.7)
Newsquawk Staff ·
US S&P Global Composite PMI Final (Jan) 53 vs. Exp. 52.8 (Prev. 52.7)
What it means
The final reading of the US S&P Global Composite PMI for January came in at 53, beating expectations of 52.8 and up from the previous reading of 52.7. This indicates stronger-than-expected economic activity, which could suggest continued resilience in the economy and may influence market expectations regarding monetary policy and growth outlook.
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