ALBAWABA – A preliminary reading of the Purchasing Managers’ Index (PMI) in the United States (US), released Wednesday by S&P Global, shows the US economy could start shrinking in the coming weeks, news agencies reported. Standard and Poor’s (S&P) Global’s PMI survey showed that business activities in the US came close to stalling in August, with growth reaching the lowest level since February, according to Sky News Arabia. Preliminary findings ...