Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... [zero hedge]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: zero hedge
Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as both Manufacturing and Services PMIs dropped notably., Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low. Flash US Manufacturing PMI : 51.2 (January: 52.4). 7-month low. Source: Bloomberg Overall that dragged the US Composite PMI down to its lowest since April 2025 (and weaker than UK and Japan)... "A combination of weakened demand, high prices, and adverse weather colluded to dampened business activity in February," said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence , "resulting in the slowest expansion of output for ten months." Customer demand growth has softened, with orders even falling in factories, curbing jobs g
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SPGI
Earnings
- 2/10/26 - Miss
SPGI
Sec Filings
- 2/13/26 - Form 4
- 2/12/26 - Form 4
- 2/11/26 - Form IRANNOTICE
- SPGI's page on the SEC website