U.S. Business Activity Contracts in July for Both Goods and Services

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U.S. Business Activity Contracts in July for Both Goods and Services
Posted On: July 22, 2022
Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side. Contraction within business activity is now happening in […] The post U.S. Business Activity Contracts in July for Both Goods and Services appeared first on The Last Refuge.

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U.S. Business Activity Contracts in July for Both Goods and Services
Posted On: July 22, 2022
Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side. Contraction within business activity is now happening in […] The post U.S. Business Activity Contracts in July for Both Goods and Services appeared first on The Last Refuge.

Re Posted From: U.S. Business Activity Contracts in July for Both Goods and Services

The Last Refuge

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