Skip to main content

June Services PMI still grows but at a slightly reduced rate

The Services PMI came in at 55.3 (a reading of 50 or higher signals growth), down 0.6% compared to May, following a 1.2% decrease, from April to May. The Services PMI showed growth, at a slower rate, for the 25th consecutive month, with services sector growth now remaining intact for 147 of the last 149 months through June, said ISM.

source https://www.supplychain247.com/article/june_services_pmi_still_grows_but_at_a_slightly_reduced_rate

Comments

Post a Comment

Popular posts from this blog

The Art of Consistent Perfect Order Delivery

This white paper defines what a perfect order is and details the technology that helps leaders achieve smart order fulfillment through optimized supply chain orchestration. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_art_of_consistent_perfect_order_delivery
Post a Comment
Read more

FTR’s Shippers Conditions Index falls to a new record low reading

The February SCI came in at -17.9, down from January’s -10.1, topping March 2021 as the “toughest month to date for shippers,” noted FTR. But that comes with the caveat that February’s record is not likely to be lasting, with March expected to record an even lower reading, it said, stating that some rate relief will not nearly offset a surge in diesel prices. source https://www.supplychain247.com/article/ftrs_shippers_conditions_index_falls_to_a_new_record_low_reading
Post a Comment
Read more