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U.S. business activity fell to a three-month low as services growth eased and the contraction in manufacturing deepened.
US business activity expanded in early July at the slowest pace in five months as services growth moderated.
This marks a significant acceleration from the 1.4% growth rate recorded in the first quarter, driven largely by robust consumer spending and business investment.
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US Services Activity Grows at Fastest Pace Since Mid-2022 - MSNThe US service sector expanded in October at the fastest pace in over two years, fueled by a pickup in hiring.
The US manufacturing sector is in its strongest position since 2022, two reports out Monday showed. The Institute for Supply Management's manufacturing PMI indicated the manufacturing sector moved ...
S&P Global's flash US composite, which captures activity in both the services and manufacturing sectors, hit its highest level in 33 months during the month of December.
WASHINGTON (Reuters) — US business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious ...
U.S. business activity picked up in March, but growing fears over import tariffs and deep government spending cuts continued to weigh on sentiment and prospects for the rest of the year. The ...
[WASHINGTON] US business activity picked up in May amid a truce in the trade war between Washington and China, but President Donald Trump’s sweeping tariffs on imported goods raised prices for ...
The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has cooled business activity even as the stock and job markets have ...
WASHINGTON (Reuters) - U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious ...
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