The US data released this evening, Wednesday, the first of September (September), recorded mixed data, as the US private sector added about 374,000 jobs in July, below expectations that indicated the addition of more than 600 thousand jobs.
\In details, the natural resources and mining sector added about 9 thousand jobs, while the construction sector added about 30 thousand jobs, and the manufacturing sector added about 6 thousand jobs, while the largest increase came from the entertainment and hospitality sector, adding about 201 thousand jobs.
On the other hand, the manufacturing purchasing managers index issued by the Institute of Supply ISM recorded a rise in August to 59.9, an increase of 0.4 compared to 59.5 in the July reading, to come better than expectations that indicated its decline to 58.5, to continue the expansion of the sector for the fifteenth consecutive month after contraction in April 2020. .
The new orders index registered a growth of 66.7, an increase of 1.8 from the July reading, while the production sector added 1.6 points to 60 points.
The general index of the US dollar is trading down by 0.20% today, Wednesday, and is trading at 92.42 levels, the lowest level in three weeks.
06/11/2024
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