- April U.S. PMI Composite Flash: 62.2 vs prior 59.7.
- Manufacturing PMI: 60.6 vs. 60.5 consensus and prior 59.1.
- Services PMI: 63.1 vs. 61.9 consensus and prior 60.4.
- April saw a survey record expansion of output in private sector; however supply chain disruptions continue to hamper goods production.
- "The U.S. economy is enjoying a strong start to the second quarter, firing on all cylinders as loosening virus restrictions, an impressive vaccine roll-out, a brighter outlook and stimulus measures all helped boost demand," Chris Williamson, Chief Business Economist at IHS Markit commented.
Friday, April 23, 2021
April U.S. PMI composite moves higher, highest since October 2020
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