- It reported that the U.S. December manufacturing PMI recorded 51.8, meeting market expectations.
- It stated that the PMI exceeded 50 and signaled economic expansion.
- The figure suggested that the U.S. manufacturing sector is maintaining stability.
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 U.S. manufacturing Purchasing Managers' Index (PMI) for December matched market expectations.
On the 2nd (local time), the manufacturing PMI released by S&P Global was 51.8, the same as Wall Street's expectation (51.8).
The PMI uses 50 as the baseline to gauge expansion or contraction in business conditions. A PMI above 50 indicates expansion, while below 50 indicates contraction.
