• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

PMI Shows a Sharp Expansion in US Private Sector Activity

July 23, 2021 by Forex Winner Leave a Comment

Intel Raises 2021 Guidance as Earnings Surpass Expectations

Source: IHS Markit

U.S. private sector companies recorded an extra increase in business activity during July as the growth rate eased for the second consecutive month.

EUR USD dips -0.07%, DJI up 0.43%.

  • The IHS Markit PMI Output Index adjusted for seasonal factors was 59.7 in July, down from 63.7 in June. The growth rate was the slowest in the four months.  
  • Manufacturers reported a slight increase in the pace of expansion in production, but service providers recorded an additional loss of growth momentum alongside labor shortages.
  • Private sector firms continue to indicate a substantial increase in new business in July. 
  • Service sector firms recorded the softest expansion in new orders for five months, as manufacturers recorded a quicker rebound.
  • The burden of costs rose significantly again in July. Except for the record-high input, price inflation in May and June, the speed of increase was the sharpest since October 2009.
  • July data signaled a new series of record improvements in operating conditions, supported by the rise in new orders across the manufacturing sector as new and existing consumers increased their spending.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

roboforex

RoboForex Review

February 6, 2020 By Forex Winner

JAFX

JAFX Review

October 29, 2019 By Forex Winner

city index

City Index Review

September 12, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure