Flash US Business Indicators Flashing Orange

Aug 23, 2022 1 min read
Flash US Business Indicators Flashing Orange

S&P Global released its August flash indexes based on its surveys of US manufacturing and non-manufacturing purchasing managers. They are flashing an ongoing slowdown, especially for the NM-PMI. Our quick take is that the data are confirming our "growth recession" assessment of the US economy in 2022.

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