U.S. Manufacturing Remains in ContractionThe Manufacturing PMI was 49% in June, indicating contraction for the fourth straight month but with little improvement.
Central Banks Emphasize Caution at Sintra ForumMajor central bank leaders signaled a patient and cautious approach to monetary policy during the 2025 ECB Central Banking Forum in Sintra, Portugal, reflecting an environment of stabilizing inflation but lingering economic uncertainty.
Chicago Business Barometer Signals Persistent WeaknessChicago's Business Barometer dipped to 40.4 in June, signaling continued economic contraction. Despite a rise in new orders, falling production, weak employment, and surging costs weigh on sentiment.
UK Economy Expands 0.7%, Services and Production Lead GrowthNew data from the UK continues to push market dynamics.
The U.S. economy unexpectedly contracted in the first quarter of 2025, with real GDP falling at an annual rate of 0.5%, according to the final estimate from the Bureau of Economic Analysis.
US Business Growth Slows in June as Price Pressures RiseBusiness activity in the United States continued to expand in June, although momentum slowed modestly, according to S&P Global’s Flash Purchasing Managers’ Index (PMI) report. The Composite PMI slipped to 52.8 from 53.0 in May, a two-month low but still above the 50-mark that separates growth from contraction.
Eurozone PMI Signals Stable but Modest Growth in JuneThe Eurozone's private sector maintained a modest growth trajectory in June, according to flash Purchasing Managers’ Index (PMI) data released by Hamburg Commercial Bank (HCOB) and compiled by S&P Global.
Fed Holds Rates Steady in June, Signals CautionThe Federal Reserve left interest rates unchanged in June, maintaining the target range at 4.25 to 4.5 percent for a sixth consecutive meeting.
