Business momentum slips as orders and employment weaken
U.S. business activity slowed in September to its weakest pace in three months, Bloomberg reports. That’s according to S&P Global’s flash composite index, which showed that demand cooled, limiting firms’ ability to pass on higher costs from tariffs, even as input prices climbed. Service-sector costs rose to their highest since May, but companies struggled to […]
U.S. business activity slowed in September to its weakest pace in three months, Bloomberg reports. That’s according to S&P Global’s flash composite index, which showed that demand cooled, limiting firms’ ability to pass on higher costs from tariffs, even as input prices climbed. Service-sector costs rose to their highest since May, but companies struggled to […]
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