(S&P Global) China’s headline Business Activity Index was posted at 41.4 in May, the third straight month the gauge has indicated contraction in the service sector. The contraction in the…
(S&P Global) US services sector showed slowdowns in May, with the PMI at 53.4, below 55.6 in April. The index signaled the slowest expansion since January. Domestic and foreign demand…
(Bureau of Labor Statistics) US nonfarm payroll employment increased by 390,000 in May, surpassing estimates of a gain of 328,000. A majority of job gains were in leisure and hospitality,…
(S&P Global) Growth within the eurozone weakened in May, as the Composite Output Index edged to a four-month low of 54.8, compared to 55.8 in April. The service sector was…
(Eurostat) Retail sales in the euro area and EU declined by 1.3% in April, compared to increases of 0.3% and 0.6%, respectively, in March. In the euro area, retail trade…
(Bloomberg) Mortgage rates fell for the third straight week to hit 5.09% in further promising signs of a cooling market. The rate, which reflected costs on the 30-year loan in…
(Census Bureau) New orders for manufactured goods in the US rose by 0.3% or $1.8 billion to $533.2 billion in April, slower compared to a jump of 1.8% in March.…
(ADP National Employment) A total of 128,000 jobs were generated in the US private sector from April to May. A bulk of payrolls in the private sector came from large…
(Eurostat) Industrial producer prices increased by 1.2% in the euro area in April 2022, compared to a higher gain of 5.3% in March. In the EU, producer prices increased by…
(ISM) The Manufacturing PMI in the US was registered at 56.1 in May, representing a gain of 0.7 percentage points from 55.4 in April. The May PMI reflected growth in…
(S&P Global) China’s Purchasing Managers Index was recorded at 48.1, signaling another contraction, although activity improved from the 26-month low index of 46.0 in April. Firms reported softer declines in…
(Nationwide) The UK house prices taking into account the seasonal effects, increased by 0.9% in May from April, its tenth straight month of gains. Following the May gains, the house…