The Marked Chart Wire · Series of events
Series of events · PMI
US activity data shows mixed signals in recent months
A timeline of recent US economic indicators shows services holding steady, national manufacturing rising, and Chicago manufacturing falling.
Updated
The flow in 3 points
- September services PMI rose to 58.8, beating the 58.7 forecast
- October flash manufacturing PMI hit 56, above the 55.5 forecast
- October Chicago PMI fell to 55.3, missing the 56.0 forecast
What happened, in order
Times are Eastern-
Where it began
Services PMI rises
The S&P Global U.S. services PMI rose to 58.8 in September from 58.7, beating the 58.7 forecast, while the composite PMI held at 58.4.
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Manufacturing beats estimates
The flash S&P Global manufacturing PMI for October came in at 56, beating the 55.5 forecast and the 55.9 reading from September.
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Latest
Chicago index drops
The S&P Global Chicago PMI dropped to 55.3 in October, missing the 56.0 forecast and down from the previous 58.8.
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How they connect
The series begins with September services data showing slight growth, followed by October national manufacturing data that exceeded expectations. The final entry shows the Chicago manufacturing index falling below forecasts in October.
A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.