U.S. manufacturing PMI slides to 21-month low
The flash manufacturing PMI fell to 52.5 from 53 in February, while the services PMI fell to 54.8 from 56.
🇺🇸 US Flash PMI falls to 6-month low of 54.3⬇️, from 55.5 - Feb. Factory slowdown again apparent here, with goods production growth at 33-month low, but service sector growth also eased. Survey suggests growth will remain above 2% in Q1. More: https://t.co/bGpGqFs4M9 pic.twitter.com/27h2nXFl9F Overseas readings were worse. The flash eurozone manufacturing PMI fell to a 71-month low of 47.6 in March, with Germany’s skidding to 44.7, a 79-month low for Europe’s largest economy.
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