PMI Slips to 49.7: How This Affects the S&P 500 and What It Means for the Markets
The PMI Index Dips into Contracting Territory: A Significant Turning Point The Services Purchasing Managers’ Index (PMI) is a key economic indicator that measures the health and growth of the services sector. The latest report reveals that the Services PMI has dipped into contraction territory for the first time in 25 months, signaling a slowdown…