The Numbers
ISM: A Whiff Of Stagflation
The April ISM Manufacturing report was flat on the headline, but softer on growth and hotter on inflation underneath. The index held at 52.7, missing estimates. Despite the unchanged headline, the underlying signals pointed to mild growth deterioration. New…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.