Reported about 2 months ago
In late August, the S&P Global Flash US Manufacturing PMI dropped to 48.0, lower than the expected 49.0 and down from July's 49.6. Meanwhile, existing home sales rose by 1.3% in July, according to the National Association of Realtors, which noted that while sales are still 'sluggish,' consumers find more options and enhanced affordability thanks to lower interest rates.
Source: YAHOO