June Services PMI: Sector Rebound to Growth (2025)
The Services PMI (Purchasing Managers’ Index) is an essential indicator of the services sector’s health, covering finance, retail, healthcare, and hospitality. A PMI above 50 signals growth, while below 50 indicates a slowdown. Two key organizations publish these reports: S&P Global: This Services PMI surveys a wide range of service sector companies in the U.S. […]
June Unemployment Rate Inched Down, Steady Payrolls (2025)
The unemployment rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. It’s a key indicator of the health of the labor market and the economy. For example, an unemployment rate of 4.2% means that 4.2% of the people who are able […]