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US business activity softened in September, with PMI Composite falling from 54.6 to 53.6. Manufacturing slipped from 53.0 to 52.0, while services eased from 54.5 to 53.9. Despite the slowdown, the surveys still indicate the economy expanded at a solid 2.2% annualized pace in Q3. Chris Williamson of S&P Global noted that growth has cooled […]
The post US PMI composite falls to 53.6, still indicative of 2.2% annualized GDP growth in Q3 appeared first on Action Forex.
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