National Bureau of Statistics: Manufacturing PMI was 49.1% in August.

09:44 31/08/2024

The National Bureau of Statistics released data showing that in August, the Purchasing Managers' Index (PMI) for the manufacturing sector was 49.1%, a decrease of 0.3 percentage points from the previous month, indicating a slight decline in manufacturing activity.

On August 31, the National Bureau of Statistics released data showing that in August, the Purchasing Managers' Index (PMI) for the manufacturing sector was 49.1%, a decrease of 0.3 percentage points from the previous month, indicating a slight decline in manufacturing business activity. In August, the non-manufacturing Business Activity Index was 50.3%, an increase of 0.1 percentage points from the previous month, indicating a slight recovery in non-manufacturing business activity. The comprehensive PMI output index for August was 50.1%, a decrease of 0.1 percentage points from the previous month, remaining in the expansion zone, indicating that overall business activities in China's enterprises maintained a slight expansion. The original text talks about the operating conditions of the Purchasing Managers' Index in China in August 2024. It provides detailed information on the manufacturing and non-manufacturing sectors, including changes in various indices and implications for the business activities in these sectors.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.