PMI in Focus: Trade trends and political uncertainty

In this episode of The Decisive Podcast, host Paul Smith is joined by senior economists Andrew Harker and Tim Moore to explore the latest trends in global trade and the impact of recent geopolitical events. They discuss the fragility of export order volumes and the significance of Purchasing Managers Indices (PMIs) as early indicators of economic health. The conversation also delves into the effects of political uncertainty on PMI surveys, particularly in the context of the recent election in U.K. and the upcoming election in the U.S. Join us for insights into how these factors shape business expectations and signal economic activity around the world. More S&P Global Content: Detailed PMI sector data underscore growing rift between manufacturing and services economies in August Steepest deterioration in trade conditions since December 2023 Emerging market growth decelerates in August while price pressures ease Credits: Host: Paul Smith Guests: Andrew Harker, Tim Moore Produced By: Kristen Hallam Edited By: Adam Kovalsky Published With Assistance From: Sophie Carr