December Services PMI Hits 54.1: Remarkable Growth Achieved
The Services PMI (Purchasing Managers’ Index) is an essential indicator of the services sector’s health, covering finance, retail, healthcare, and hospitality. A PMI above 50 signals growth, while below 50 indicates a slowdown. Two key organizations publish these reports: S&P Global: This Services PMI surveys a wide range of service sector companies in the U.S. […]
November Job Openings: A Record High Since June (8.1 million)
The Job Openings and Labor Turnover Survey (JOLTS), produced monthly by the U.S. Bureau of Labor Statistics (BLS), offers a comprehensive look at the health of the labor market. This report provides valuable insights into job vacancies, hiring trends, and employee turnover. Specifically, it details the number of job openings, the volume of new hires, […]