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Indicator Spotlight

PMIs Reaffirm The US’ Growth Lead

by Gabriel Gosselin, Research Associate   Felix Vezina-Poirier, Chief Strategist  

June flash PMIs signal continued solid US growth. The US manufacturing PMI rose to 55.7 from 55.1, when estimates pointed to a decline. The increase was driven by new orders, which expanded at their fastest pace since early 2022. The composite PMI climbed to…

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