U.S. Businesses Signal ‘Broad Stagnation’ At Summer’s End, S&P surveys show
Manufacturing remains in contraction, although the pace of the decline has eased. Services came closer to the threshold indicating a decline in activity.
S&P Global
S&P Global Removes ESG from Debt Ratings
S&P Global removed Environment, Social, and Governance (ESG) factors from its scoring of corporate debt as the financial industry has increasingly soured on the controversial investing scheme.
Manufacturing Slump Continues for Fifth Straight Month
Manufacturing output in the U.S. continued to contract in March, according to a pair of industry surveys released this week.
The Biden Economy Lurches into Faster Deterioration
S&P Global’s flash composite PMI indicates contraction for the fourth straight month.
Services Sector Collapsed in August as Demand Cratered and Economy Shrank for Second Straight Month, Survey Indicates
S&P Global’s PMI indicates a second month of contraction driven by a steep drop in services sector demand.
U.S. Economy Sees ‘Remarkable Drop’ in Demand for Goods and Services as Recession Looms
The economy is on a path to contracting in the third quarter, according to the chief business economist at SP Global Market Intelligence.
Surging Costs And Shortages Slow Manufacturing Growth in May
The S&P Global Manufacturing PMI comes in lower than expected as inflation drags down optimism and shortages weigh on production.
