US Services PMI Hits 33-Month-High As 'Trump Effect' Continues [zero hedge]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: zero hedge
US Services PMI Hits 33-Month-High As 'Trump Effect' Continues Following the disappointing slide in Manufacturing survey data, US Services PMI was expected to continue rising in final December data released this morning and it did, rising from 56.1 to 56.8 (although that was well below the expected and preliminary 58.5 print) - a 33-month high. Source: Bloomberg US service providers saw rates of expansion in business activity and new orders strengthen further in December amid a greater willingness among customers to spend following the Presidential Election result. There were further signs of cost pressures moderating in December as the pace of inflation eased for the third consecutive month to the weakest since last February. But, Input prices still increased markedly, however, and at a pace that was faster than the pre-pandemic average. A number of respondents mentioned higher shipping costs, while others reported wage pressures. For now, the US Composite index is dominating and div
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SPGI
Earnings
- 10/25/24 - Beat
SPGI
Sec Filings
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- SPGI's page on the SEC website