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Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening. - MarketWatch

The economy may be weakening. ISM services index sinks to 48.8% in June — the lowest reading since 2020 Last Updated: July 3, 2024 at 10:46 a.m. ET First Published: July 3, 2024 at 10:07 a.m. ET ... Read More
Economy still growing, ISM finds, in counter to fresh recession talk

By Jeffry Bartash . ISM service index climbs to 51.4% in July from 48.8% . Story developing. Stay tuned for updates here. The numbers: The service side of the economy, which employs most Americans ... Read More
ISM Manufacturing PMI shows marginal improvement, remains in contraction

The U.S. ISM Manufacturing PMI slipped to 48.5 in May, from 48.7 in April, missing the 49.1 consensus, according to data released by the Institute for Supply Management on Monday. Read More
US economy shows signs of 'paralysis' as new data reveals hiring slowdown, activity contraction in May - Yahoo Finance

For months, US economic data has shown resilience, with layoffs remaining low and business activity staying steady despite fears over policy uncertainty. But the tide may be shifting. Multiple ... Read More
Germany, Europe’s biggest economy, shrank last year | CNN Business

Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic, official data showed Monday, increasing the risk of an economic contraction in the wider euro area. Read More
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening. - MSN

An index of service businesses produced by the Institute for Supply Management sank to 48.8% last month from 53.8% in May. That’s the lowest reading since May 2020 during the height of the pandemic. Read More
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening. | Morningstar

The numbers: Service-oriented companies such as restaurants and retailers that dominate the economy contracted in June for the second time in three months in another sign growth in the U.S. is ... Read More
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening. - MarketWatch

An index of service businesses produced by the Institute for Supply Management sank to 48.8% last month from 53.8% in May. That’s the lowest reading since May 2020 during the height of the pandemic. Read More
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