Latest Updates: Related to Inflation

Purchasing Managers Expect Better Days

02/03/2021

This morning, the non-manufacturing ISM report showed rising optimism among service sector purchasing managers. The overall index rose from 57.7 to 58.7 in January, well above expectations. Several key subcomponents were even stronger with current business activity climbing from 59.4 to 59.9 and the forward-looking new orders index rising from 58.5 to 61.8. Perhaps the most encouraging sign suggesting the services sector might be getting healthier is the employment index, which moved from a contractionary reading of 49.2 into solid expansionary territory at 55.2.

Download the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Economic Summary – Q2 2022

Cold Weather and Empty Pockets Slow Spending in February

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.