S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”

S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”

S&P Global's June flash PMI shows US manufacturing at 55.1, the highest since May 2022, while services barely expands at 50.7 amid geopolitical pressure.