United States S&P Global Manufacturing PMI Came in at 52 Below Forecasts (52.3) in May
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Stable tariff policies support renewed rise in production
The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted below the 50 point no-change mark for the second consecutive month in May, but rose to 49.8 points from 45.6 in April to signal a near-stabilisation of business conditions in the sector. As was the case in April, new orders decreased during May due to tariffs and subdued market demand. The impact on demand was most keenly felt in export markets, with new business from a…
Expectations of a possible stabilization in US trade policy contributed to an improvement in sector confidence, which reached the highest level in three months, says S&P Global
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