Business activity in the United States grew again less strongly in June than one month previously. Research firm Markit reported this on the basis of a provisional figure.
The purchasing managers’ index (PMI) for the American industry went to a position of 50.1 from 50.5 a month earlier. Economists generally predicted a level of 50.5 for the indicator, which indicates growth at a level higher than 50.
There was also a slightly smaller growth in the services sector compared to a month earlier. Moreover, the 50.7 score was less than the 51.0 that was widely expected. The composite index for June was 50.6 against 50.9 in May.
Lesley Woutersen, one of the co-founders of the EconomicInform gives away all of his free time to the project. He is interested in stock exchange and digital assets. Lesley can be reached by lesley.woutersen@economicinform.com.