US ADP private employment rose 62k in March, above expectations of 42k, pointing to steady but moderate labor market expansion. The increase was broadly balanced between goods-producing industries, which added 30k jobs, and service-providing sectors, which gained 32k. However, the composition of job growth highlights an uneven picture. Small establishments led hiring with an increase […]
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UK business activity picked up in April, with the Flash PMI Composite rising from 50.3 to 52.0, a two-month high. Services activity rose from 50.5 to 52.0. Manufacturing PMI jumped from 51.0 to 53.6, the Read more…
Eurozone business activity slipped back into contraction in April, with the Flash Composite PMI dropping from 50.7 to 48.6, a 17-month low. The downturn was driven primarily by a sharp deterioration in the services sector, Read more…