PMI显示美国第三季经济开局强劲 但增长质量与通胀风险令人担忧

Core Insights - The latest PMI data indicates a strong start for the U.S. economy in Q3, but there are significant uncertainties regarding the sustainability of this growth [1] Economic Growth - The current economic growth is heavily reliant on the services sector, while the manufacturing sector has experienced its first deterioration of the year [1] - The decline in manufacturing is partly attributed to the fading effects of short-term purchases driven by tariff expectations [1] Business Confidence - Business confidence in both manufacturing and services has decreased, reaching one of the lowest levels in two and a half years [1] Inflation Concerns - Inflationary pressures are rising, with companies attributing cost and price increases to tariffs [1] - The price increase for goods and services in July was one of the largest in the past three years, suggesting that consumer price inflation may exceed the Federal Reserve's 2% target in the coming months [1]