US business activity slows as war-driven costs surge
U.S. business activity slowed in March to its weakest pace in nearly a year as rising costs tied to the Iran conflict weighed on demand, Bloomberg writes. A key S&P Global index dipped but remained in expansion territory, while input prices surged to multimonth highs. Service sector growth softened, hiring declined and companies passed higher […]
U.S. business activity slowed in March to its weakest pace in nearly a year as rising costs tied to the Iran conflict weighed on demand, Bloomberg writes. A key S&P Global index dipped but remained in expansion territory, while input prices surged to multimonth highs. Service sector growth softened, hiring declined and companies passed higher […]
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