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Monday, April 3, 2023

Fundamental: ISM Manufacturing Tumbles To Post-COVID Lows, Employment Slumps

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Alert Alert Apr 3, 2023, 9:35pm
 
Fundamental: ISM Manufacturing Tumbles To Post-COVID Lows, Employment Slumps
US 'hard' macro data has continued to surprise to the upside in the last month (despite 'soft' regional Fed survey data fading), and consensus expected both ISM and PMI Manufacturing surveys for March to show another month of contraction. • S&P Global US Manufacturing PMI Final March 49.2, down from flash print at 49.3, but up from the 47.3 in Feb - that is ...
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