Services PMI: 50.1 (Jun 50.8) – ↓ 0.7
New Orders: 50.3 (Jun 51.3) – ↓ 1.0
Supplier Deliveries: 51.0 (Jun 50.3) – ↑ 0.7
Prices: 69.9 (Jun 67.5) – ↑ 2.4
New Export Orders: 47.9 (Jun 51.1) – ↓ 3.2
Inventory Sentiment: 53.2 (Jun 57.1) – ↓ 3.9
The shift from trade from the US and foreign countries seem to be impactful as countries adjust their trade perspective.
“Anticipation of the final tariff impacts is resulting in delayed planning for next fiscal year purchases.” [Accommodation & Food Services]
“Trade uncertainty causing client reevaluation of feasibility for projects in certain sectors, resulting in some delays or cancellations. Public-funded jobs experiencing pullbacks.” [Construction]
“Steady business activity.” [Finance & Insurance]
“Extra purchasing to head off tariffs has leveled off. Expecting decreases in activity in the second half of 2025.” [Mining]
“Retail results are solid — a little soft before and during Fourth of July week, but then a rebound. We see no reason to believe this won’t continue for the near term.” [Retail Trade]
Summary:
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