Monday 17 August 2026
the Financialspectator
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Fundamentals

Business Cycle Pulse

Business Cycle Pulse

July reignites manufacturing, but services shed jobs

In July, the manufacturing PMI jumps to 55.6, its highest level since May 2022, while in the services sector the Employment Index slumps to 47.4. The American cycle…

9 August 2026 · fs_admin · 7 min
9 July 2026 · fs_admin

USA MONITOR

In June, the US economy remains in expansionary territory but loses momentum. The notable development is the return of services-sector employment above the 50 mark, the…

19 June 2026 · fs_admin

Use of ISM Data in the Sector Analysis Process

The ISM Observatory reads Institute for Supply Management data through a sector lens, providing an early map of US industries showing signs of strengthening or weakening.

15 June 2026 · fs_admin

USA MONITOR

The April 2026 ISM data show the U.S. economy still in expansion, but with a deteriorating labor market and price pressures that complicate the Fed's path…

15 June 2026 · fs_admin

USA WATCH

In May, the US economy accelerates on multiple fronts, with PMI and new orders moving higher, but the labour market fails to keep pace: the services…