ISM/PMI Surveys Signal Collapse In US GDP "But Companies Expect Worse To Come"
Apr 3rd 2020 10:02am EDT
ISM/PMI Surveys Signal Collapse In US GDP “But Companies Expect Worse To Come” Following the drops in US Manufacturing survey data (even with ISM’s data skewed by the vendor-delivery-bias issues), expectations were for further deterioration in the services side of the economy in March. Markit’s Services PMI tumbled from 49.4 to 39.8 (but was better […]
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