U.S. Factory Activity Expands Again in July
The ISM's purchasing managers' index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street Journal were expecting a reading of 54.

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The ISM's purchasing managers' index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street Journal were expecting a reading of 54.
China says its factory activity picked up pace in June

The data suggest the world's second-largest economy continues to be supported by strong overseas demand for Chinese goods amid tepid domestic demand.
The Institute for Supply Management's purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expa…
The Institute for Supply Management's purchasing managers' index was 52.7 last month, in line with March, as price pressures rose in the second month of the Ir…
A private gauge of China's services sector activity expanded in June amid efforts by businesses to attract new customers.
China has struggled to boost growth amid tepid domestic demand and a prolonged real estate downturn, leaving exports as a key driver of growth.

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