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June S&P Global US Flash Manufacturing, Services Measures Both Indicate Expansion
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June S&P Global US Flash Manufacturing, Services Measures Both Indicate Expansion
Jun 23, 2025 7:28 AM

09:57 AM EDT, 06/23/2025 (MT Newswires) -- The flash reading of manufacturing conditions from S&P Global was unchanged in June from the 52.0 reading in May, compared with an expected decrease to a reading of 51.0 in a survey compiled by Bloomberg as of 7:35 am ET.

The index indicates expansion, which is in contrast with the New York Fed and the Philadelphia Fed readings released earlier.

The index for services conditions fell to a two-month low reding of 53.1 in June from 53.7 in May, compared with expectations for a decrease to 52.9. The services index still indicates expansion, which is in contrast with the New York Fed reading released on Jun 17.

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