Monday, September 26, 2022

U.S. Composite PMI Rises to 49.3 in September

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© Reuters.

By Scott Kanowsky 

Investing.com — U.S. private sector activity fell at a softer pace in September, as contractions in both the manufacturing and service industries eased.

S&P Global’s monthly flash rose to 49.3, touching a three month high and up from a previous level of 44.6 in August. But the reading remained just under the mark of 50, indicating a slight decline in output during the period.



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