Primary Vision
  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!
  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!
No Result
View All Result
Primary Vision
Home Market Trends

Market Sentiment Tracker: U.S. PMI Jumps to 33 month high

Osama Rizvi by Osama Rizvi
December 19, 2024
in Market Trends
0
Market Sentiment Tracker: U.S. PMI Jumps to 33 month high

A Note: It has been a while that we have spoken about the fact that what exactly is our Market Sentiment Tracker and why is it important? Robert Shiller, a Nobel Laureate and founder of the Case-Shiller Index, speaks about the importance of narratives in his book Narrative Economics. He provides evidence on how narratives and stories essentially lead to actual events! The inflation expectation index is a case in point. Therefore, my intention with the MST is the same that of Robert Shiller to “‘improve people’s ability to anticipate and deal with major economic events, such as depressions, recessions, or secular (that is long-term) stagnation, by encouraging them to identify and incorporate into their thinking the economic narratives that help to define these events”. Our MST tracks important news and developments coming out of China, U.S. and Eurozone so that our readers can anticipate better and be more informed. Now, let’s discuss the MST for U.S. and China.

The US economy shows resilience as S&P Global Flash U.S. Composite PMI jumped to 56.6 in December, indicating robust economic activity. Private sector employment rebounded after five months of stagnation, signaling improved labor market conditions. Personal incomes surged by $147.4 billion in October, doubling the gains from September, further fueling consumer confidence. Economic growth clocked a solid 3.3% annualized rate in the final quarter, highlighting underlying economic strength. However, manufacturing remains a weak spot, hitting a three-month low, with dampened optimism in the factory sector.

China’s industrial output rose 5.4% year-on-year in November, outpacing the previous month’s growth. Anticipated macroeconomic measures, including potential reductions in the RRR and loan prime rates in 2025, aim to bolster economic stability. However, retail sales grew at just 3.0% in November, the slowest pace in three months, indicating fragile consumer demand. Fixed asset investment also slightly lagged expectations, expanding 3.3% year-on-year for January-November.


Previous Post

KLX Energy Services’ Perspective in Q3: KEY Takeaways

Next Post

What China’s Central Economic Work Conference Mean for the World?

Related Posts

ProFrac Holding’s Perspective in Q1: KEY Takeaways
Market Trends

ProFrac Holding’s Perspective in Q1: KEY Takeaways

June 20, 2025
How does the current Middle East Situation play out?
Frac

How does the current Middle East Situation play out?

June 19, 2025
Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)
Market Trends

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!
Market Trends

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways
Market Trends

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
ProPetro’s Perspective in Q1: KEY Takeaways
Market Trends

ProPetro’s Perspective in Q1: KEY Takeaways

June 13, 2025
Next Post
What China’s Central Economic Work Conference Mean for the World?

What China's Central Economic Work Conference Mean for the World?

Please login to join discussion

Recent News

ProFrac Holding’s Perspective in Q1: KEY Takeaways

ProFrac Holding’s Perspective in Q1: KEY Takeaways

June 20, 2025
How does the current Middle East Situation play out?

How does the current Middle East Situation play out?

June 19, 2025
Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
Primary Vision

Established in 2011, we are renowned for our expert frac data and analytics, providing a rich array of unique indicators and industry commentary.

CONTACT

+1-713-554-4977
info@primaryvision.co

SOCIAL NETWORKS

POLICIES

Privacy Policy
Terms of Use

PARTNERS

Amazon Web Services

TRUSTED SITES

Logo

Logo

RECENT NEWS

ProFrac Holding’s Perspective in Q1: KEY Takeaways

ProFrac Holding’s Perspective in Q1: KEY Takeaways

June 20, 2025
How does the current Middle East Situation play out?

How does the current Middle East Situation play out?

June 19, 2025
Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
  • HOME
  • ABOUT US
  • RESEARCH
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!

© 2025 Primary Vision. All rights reserved.

  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!

© 2025 Primary Vision. All rights reserved.