AI Data Insight
The US S&P Global Composite PMI for Q2 2026 (May) recorded 51.5, lower than the previous reading and the market expectation of 51.7. Manufacturing and services performances diverged, employment fell at the fastest pace in six years, and input costs rose to a one-year high. The overall data indicates a mild slowdown in economic momentum, but the risk of sticky inflation continues to cause divergence in market expectations for rate cuts.