S&P Global: Service Sector Expands, Manufacturing Contracts; Business Confidence Rises.

S&P Global: composite PMI shows service sector expansion outpacing manufacturing contraction w/ business confidence rising and fastest private sector growth in 6 months, though still very low by historical standards – we’re basically coming off near-zero:

S&P Global: composite PMI shows service sector expansion outpacing manufacturing contraction w/ business confidence rising and fastest private sector growth in 6 months, though still very low by historical standards – we're basically coming off near-zero: pic.twitter.com/TchW8puF00

— E.J. Antoni, Ph.D. (@RealEJAntoni) February 5, 2024