{"date":"2026-07-24","slug":"2026-07-24-us-us-s-p-global-flash-composite-pmi-july","event":"US S&P Global Flash Composite PMI (July)","country":"US","category":"growth","importance":"high","actual":"53.6","forecast":"52.2","previous":"51.9","unit":"index (50 = no change)","surprise":"mixed","affected_markets":[{"why":"Stronger activity data lowers near-term Fed rate-cut odds, supporting the dollar","market":"US Dollar (DXY)","direction":"up"},{"why":"Resilient growth and renewed price pressures reduce expectations of imminent easing","market":"US Treasury yields","direction":"up"},{"why":"Accelerating services activity signals healthier corporate demand","market":"US equities (cyclicals)","direction":"up"},{"why":"Report flagged intensifying supply-chain delays and renewed price pressures","market":"Inflation expectations","direction":"up"}],"analysis_en":{"headline":"US Composite PMI jumps to 53.6 in July, an 8-month high","learning":"PMIs are 'soft' leading indicators released weeks before official GDP data, giving markets an early read on where the economy is heading. Simple rule: above 50 means expansion, below 50 means contraction. What actually moves markets is the surprise versus consensus forecasts, not just whether the number rose or fell month to month.","market_impact":"Stronger-than-expected activity data lowers the odds of near-term Fed rate cuts, which tends to support the US dollar and push Treasury yields higher. Cyclical stocks often react favorably to accelerating growth, though a renewed pickup in supply-chain delays and price pressures noted in the report keeps inflation risk on traders' radar.","what_it_means":"S&P Global's flash Composite PMI tracks business activity across US services and manufacturing firms. Readings above 50 signal expansion. July's 53.6 beat the 52.2 forecast and June's 51.9, driven mainly by a sharp acceleration in services (53.6 vs. 51.2 in June), while manufacturing held roughly flat at 53.8."},"source_url":"https://www.marketscreener.com/news/s-p-global-july-us-flash-services-pmi-53-6-vs-51-5-estimate-51-2-prior-ce7f51dfdf8afe2d","occurred_at":"2026-07-26T16:04:07.729+00:00","published_at":"2026-07-26T16:04:07.729+00:00","brief_url":"https://vectorialdata.com/economia/2026-07-24-us-us-s-p-global-flash-composite-pmi-july/brief.md","page_url":"https://vectorialdata.com/economia/2026-07-24-us-us-s-p-global-flash-composite-pmi-july","json_ld":{"@context":"https://schema.org","@type":"Dataset","name":"US S&P Global Flash Composite PMI (July) — 2026-07-24","description":"US Composite PMI jumps to 53.6 in July, an 8-month high","creator":{"@type":"Organization","name":"Vectorial Data","url":"https://vectorialdata.com"},"license":"https://vectorialdata.com/terms","variableMeasured":"US S&P Global Flash Composite PMI (July) (index (50 = no change))","temporalCoverage":"2026-07-24","isAccessibleForFree":true,"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://vectorialdata.com/api/economic-events/2026-07-24-us-us-s-p-global-flash-composite-pmi-july"},{"@type":"DataDownload","encodingFormat":"text/markdown","contentUrl":"https://vectorialdata.com/economia/2026-07-24-us-us-s-p-global-flash-composite-pmi-july/brief.md"}]},"disclaimer":"Vectorial Economía is descriptive educational information about macro data. Not investment advice."}