U.S. PMI Data Shows December Decline Across Services and Composite Indices
December U.S. PMI data revealed coordinated declines across key economic indicators, with Services PMI dropping to 52.5 from 52.9 and Composite PMI falling to 52.7 from 53.0. Both readings precisely matched market expectations and maintained expansion levels above the 50.0 threshold, demonstrating continued economic growth despite the measured monthly moderation.
December U.S. PMI data revealed coordinated declines across key economic indicators, with Services PMI dropping to 52.5 from 52.9 and Composite PMI falling to 52.7 from 53.0. Both readings precisely matched market expectations and maintained expansion levels above the 50.0 threshold, demonstrating continued economic growth despite the measured monthly moderation.
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