US business activity steady in September; price pressures pick up

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

S&P Global Notícia

Price Inflation

S&P Global said on Monday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, was little changed at 54.4...

FILE PHOTO: A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles

Uncertainty about the Nov. 5 presidential election is, however, weighing on business sentiment. The services sector continued to expand at a steady pace, though manufacturing slumped to a 15-month low. The labor market has slowed considerably this year, with the unemployment rate rising above 4.0% from 3.4% in April 2023 and is likely no longer a threat to inflation.

The survey's flash manufacturing PMI dropped to a 15-month low of 47.0 from 47.9 in August. Economists polled by Reuters had forecast the index for the sector, which accounts for 10.3% of the economy, rising to 48.5. Its flash services PMI dipped to 55.4 from 55.7 in August, broadly in line with economists' expectations for a reading of 55.2.

Premium Products International Announces Strategic Shift to Brazilian Sourcing for US-Based Companies

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes