- The US January manufacturing PMI recorded 51.2, exceeding expectations.
- It surpassed Wall Street's expectation of 50.1, indicating economic expansion.
- Additionally, the PMI exceeding 50 shows a positive trend in the manufacturing sector.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The United States' January Manufacturing Purchasing Managers' Index (PMI) exceeded expectations.
On the 3rd (local time), S&P Global announced that the Manufacturing Purchasing Managers' Index was 51.2, surpassing Wall Street's expectation of 50.1.
The Purchasing Managers' Index (PMI) uses 50 as a baseline to gauge whether the economy is expanding or contracting. A PMI above 50 indicates economic expansion, while below 50 signifies economic contraction.

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
Binance "Does Not Sell Assets... Part of Financial Accounting Process"
33 minutes ago
Exchange Bitcoin Balance at 3-Year Low... "Potential Supply Shock"
48 minutes ago
"Solana-based DEX Volume to Surpass Ethereum for Four Consecutive Months"
1 hours ago
[Analysis] Citi: "Ethereum's Fundamentals Improved Despite 20% Drop This Year"
2 hours ago![[Analysis] Citi: "Ethereum's Fundamentals Improved Despite 20% Drop This Year"](https://media.bloomingbit.io/prod/news/adc6126b-bd54-4c83-9e1a-e6f1aefe0e81.webp)
Jeong Eun-bo, Chairman of Korea Exchange, "Will Discuss Introduction of Virtual Asset ETF with Authorities"
7 hours ago
Ranking News