In January, the U.S. S&P Global Manufacturing and Services PMI both expanded, but slightly below expectations
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In January, the U.S. S&P Global Manufacturing and Services PMIs both expanded, but were below market expectations. The preliminary Manufacturing PMI was 51.9, the preliminary Services PMI was 52.5, and the composite PMI was 52.8. Chief Economist Chris Williamson pointed out that the growth rate of new business is sluggish, and first-quarter growth may be disappointing, with employment growth also appearing weak. Market risk warning, investment should be cautious
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