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home / news releases / global pmi hits 10 month high amid broad sector econ


WKLY - Global PMI Hits 10-Month High Amid Broad Sector Economic Upturn In April 2024

2024-05-09 10:25:00 ET

Summary

  • Global growth inched up to a ten-month high in April, according to the worldwide PMI surveys.
  • The improving global economic picture reflects a myriad of factors supporting growth, including looser financial conditions, brighter signs of consumer spending, a shift to a more supportive inventory cycle, and fewer supply chain delays.
  • From a consumer industries' perspective, consumer goods producers are reporting their strongest sustained spell of growth since early-2022 so far this year.

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For further details see:

Global PMI Hits 10-Month High Amid Broad Sector Economic Upturn In April 2024
Stock Information

Company Name: SoFi Weekly Dividend ETF
Stock Symbol: WKLY
Market: NYSE

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