In May, the US S&P Global Services PMI was below expectations, while the manufacturing PMI preliminary reading was above expectations.

Mars Finance News, May 21 — The preliminary May S&P Global Services PMI in the United States is 50.9, expected 51.1, previous 51.
The preliminary May S&P Global Manufacturing PMI in the United States is 55.3, expected 53.8, previous 54.5.
SPGI-0.32%
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ColdBrewYield
· 5h ago
Previous value 51 now 50.9, the service industry is on the verge of contraction.
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GateUser-4e0e3bcf
· 5h ago
The Services PMI didn't meet the target, but manufacturing is strong; overall, it's still relatively stable.
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GlassDomeUniverse
· 5h ago
50.9 and 55.3, one cool and one hot, what exactly is the situation with the U.S. economy?
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