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S&P Global Manufacturing PMI Flash

Name: S&P Global Manufacturing PMI Flash
Creator: TipRanks

The S&P Global Manufacturing PMI Flash is a preliminary estimate of the Purchasing Managers' Index for the U.S. manufacturing sector, measuring business conditions such as output, new orders, and employment. It serves as an early indicator of economic health, providing insights into manufacturing activity and overall economic trends. This index is crucial for investors and policymakers as it can influence monetary policy decisions and market expectations, often impacting stock and currency markets. A reading above 50 indicates expansion, while below 50 signals contraction.