US PMI readings eased across the board in December, signaling that the “recent economic growth spurt is losing momentum”. PMI Manufacturing slipped from 52.2 to 51.8, while PMI Services fell more sharply from 54.1 to 52.9. PMI Composite dropped from 54.2 to 53.0. S&P Global said the data remains consistent with annualized GDP growth of […]The post US PMIs point to broad-based cooling despite solid 2.5% annualized Q4 Growth appeared first on ActionForex.