The Chicago Purchasing Managers Index (PMI) saw a significant rebound in June, rising to 47.4 from 35.4 in May, exceeding the expected 40.0. This marks the slowest rate of contraction this year, with all five subcomponents of the index showing improvement. Employment, prices paid, and new orders all fell at a slower pace. Despite the rebound, the index remains in contraction territory for the seventh consecutive month.
The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.5 in June 2024, unchanged from May, data from the National Bureau of Statistics (NBS) showed Sunday. Update: https://t.co/YTpZXGQBOf https://t.co/GWBAMbso0v
An article by Xi Jinping, general secretary of Communist Party of China (CPC) Central Committee, on missions and tasks of CPC on new journey of new era will be published -xhtxs.cn/UNi https://t.co/TXuDCD5aI3
China's manufacturing PMI remains flat in June https://t.co/mjEKprIfnB
#China factory activity shrinks again in warning to economy
#China | Latest data should put more pressure on officials to announce new stimultive measures during key reform meeting (July 15-18).
🇨🇳 #China | Latest data should put more pressure on officials to announce new stimultive measures during key reform meeting (July 15-18). https://t.co/BZHPAmjqzA
The composite PMI of #China stood at 50.5 in June, down 0.5 percentage points from the previous month, still higher than the 50-threshold, indicating that the overall production and operation of Chinese enterprises continues to expand: NBS https://t.co/Y5s98XY0oL https://t.co/cFcfL2aUCi
#China Factory Activity Shrinks Again in Warning to Economy Trade tensions add to challenges facing economic growth Construction index drops to its lowest in nearly a year https://t.co/68xGEzGqwn
🇨🇳 Factory activity in China contracts for second straight month - June PMI at 49.5, same as May - Export order subindex remains low at 48.3 - Challenges ahead of key third plenum in July https://t.co/pFgwcrjIGC
China’s factory activity contracts for second straight month https://t.co/8Ug1AOfqj6
China’s manufacturing sector stayed in contraction for a second consecutive month in June, underscoring the difficulties the world’s second largest economy faced after Beijing’s efforts to resuscitate its property sector. https://t.co/xrq2O9GKmS https://t.co/xrq2O9GKmS
⚡#China's #Steel Industry PMI recovered to 49.9% in June. The New Order Subindex rose by 24.1 pps to 51.5%, the highest since 2020. The Production Subindex dropped by 22.4 pps to 49.9%. In July, due to the anticipated decrease in steel production and the excessive increase in… https://t.co/BglBKDldRK https://t.co/dIKpHPW85B
China's non-manufacturing PMI edges down to 50.5 in June from 51.1 in May https://t.co/6ZbIWCKx6I https://t.co/hn26hBZoQZ
⚠️ CHINA NON-MANUFACTURING EXPANSION SLOWS IN JUNE Full Story → https://t.co/p8NNNZjxcZ https://t.co/yTJt7hAHXE
⚡JUST IN #China May official #PMI Manufacturing PMI 49.5 [Est.49.5 Prev.49.5] Non-Manufacturing PMI 50.5 [Est.51.0 Prev.51.1] Composite PMI 50.5 [Prev.51.0] #manufacturing #EconTwitter 🇨🇳 Thread 1/n https://t.co/1XMH7georO
[Recap] The ruling Communist Party is planning and implementing "major" reforms, ahead of a closely watched political conclave, China's Xi Jinping says. https://t.co/3PpDwsZadx
My latest: Top Chinese leaders will gather in Beijing next month for a key political meeting that will likely reveal details of #China's attempts to boost and reform its troubled economy. Feat: @neilthomas123, @wstv_lizzi, @dtiffroberts https://t.co/FftdDnaH3y
Chicago PMI rebounds in June but remains in contraction territory for seventh straight month https://t.co/hUnFRHEIi3
Chicago PMI bounces back in Jun, nearly to the breakeven reading of 50, marking the slowest rate of contraction this year; all 5 subcomponents of the index improved: https://t.co/yGIp8xt5KZ
Sharp move up for Chicago PMI in June, to 47.4 vs. 40 est. & 35.4 in prior month … prices paid at slower pace; new orders fell at slower pace; employment fell at slower pace https://t.co/h5FUZxXLGZ
The June reading of the Chicago Purchasing Managers Index is 47.4 This was expected to be 40.0; it was 35.4 in May.