logo
welcome
CoinGape

CoinGape

US Recession Fears Abating As Services PMI Hits 51.4%

CoinGape
Summary
Nutrition label

67% Informative

US Services Index from Institute for Supply Management (ISM) rose to 51.4% for the month of July .

This marked the sector’s expansion for the 47th time in 50 months .

The ISM went above expectations of 51.0 , in addition to positive moves in services employment and inventory.

More than $1 billion exited the crypto market within the 24 hours .

VR Score

51

Informative language

39

Neutral language

55

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links