​US Manufacturing PMI Plunges To 15-Month Lows; Prices Are Soaring Again – Tyler Durden

US Manufacturing PMI Plunges To 15-Month Lows; Prices Are Soaring Again Following the shitshow that was European PMIs overnight, preliminary September soft survey data for the US was expected to be mixed with Services weaker but Manufacturing bouncing back a little. Despite strength in ‘hard’ data relative to expectations, PMIs disappointed in the early September print with both Services and Manufacturing falling. S&P Global US Manufacturing PMI 47.0 (48.6 exp, 47.9 prior) – lowest since June 2023 S&P Global US Services PMI 55.4 (55.2 exp, 55.7 prior) – two-month lows Source: Bloomberg Commenting on the data, Chris Williamson, Chief Business…  — Continue at ZeroHedge News : Read More