According to CoinMeta, as reported by A in early 2021, the final value of S&P Global Manufacturing Index in July in the United States was 53.9, with an expected value of 53.8 and a previous value of 53.8. The chief business economist at S&P Global Market Intelligence stated that although the index remained stable, there were warning signs in the survey data regarding future growth trends. Production growth slowed down in July, new business growth was weak for the third consecutive month, and pressures were caused by exacerbated supply chain delays, declining exports, and customers' resistance to high prices. Inflationary pressures from raw material costs have slightly eased, but inflationary pressures due to energy prices and tariffs remain high.