The Purchasing Managers’ Index (PMI) dipped below 50 points in July, raising fears of a recession. Production and, more alarmingly, orders both dipped last month, although S&P Global maintains that industrial production will rise this year.
The Purchasing Managers’ Index (PMI) dipped below 50 points in July, raising fears of a recession. Production and, more alarmingly, orders both dipped last month, although S&P Global maintains that industrial production will rise this year.