At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into ...
The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...
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