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S&P Global Manufacturing PMI Final for July 53.9 vs 53.8 preliminary
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Export demand remained weak , hurt by tariffs and subdued global demand.
, hurt by tariffs and subdued global demand.
Supply chain disruptions intensified , with vendor delays among the worst in four years due to Middle East-related disruptions.
Business confidence weakened to its lowest level since October 2025 amid concerns over inflation, supply constraints, and slowing sales.
While input cost inflation moderated slightly, inflationary pressures remained elevated thanks principally to the combination of high energy prices and tariffs.