S&P Global US Manufacturing PMI Hits 52.9, Best Reading Since May 2022
CNBC TelevisionJuly 1, 20251 min1,761 views
4 connections·4 entities in this video→US Manufacturing PMI Surges
- 📈 The June final S&P Global Manufacturing PMI reading came in at 52.9, a significant increase from the preliminary 52.0.
- 🚀 This marks the best manufacturing PMI reading by S&P all year, and the strongest since May 2022.
- 📊 Every month in 2025 has shown PMI readings above 50, indicating consistent expansion in the manufacturing sector.
Economic Indicators and Market Reaction
- ⚠️ Attention is also on upcoming ISM Manufacturing PMI, Construction Spending, and JOLTS data.
- 📉 Prior to a recent statement, interest rates had been hovering at a two-month low, but began to climb afterward, with yields hitting session lows.
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S&P Global Manufacturing PMIEconomic ExpansionManufacturing SectorInterest RatesYieldsISM Manufacturing PMIConstruction SpendingJOLTS
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