U.S. business activity reached a 27-month high in July, with S&P Global reporting its flash Composite PMI Output Index at 55.0, up from June's 54.8. This expansion was driven by a strong services sector, despite a slight easing in manufacturing. Prices charged for goods and services rose at the slowest rate since January, aligning closely with the Federal Reserve's 2% inflation target.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.