US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows - Reuters
US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows Reuters
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"Israel, Lebanon extend ceasefire"
— Trump , Politician
"The April PMI is broadly consistent with the economy struggling to manage annualised growth in excess of 1%, with the vast service sector acting as the principal drag."
— Chris Williamson , Academic
"It will likely be increasingly hard to make a case for rate cuts if inflation follows the path signaled by the PMI while the economy continues to eke out only modest growth."
— Chris Williamson , Academic
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<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxPZ1hzbEV4LUx2eGJBYWFaMDhGZnB4eHFEQU1SRGhRUjlTZFh0QjBTa2lDN0ZQN09JZTl1dDJLbUlteS0tdFBrUHRMa0pBVmdvLXFYcjZTdnNNUmpBUXd5TzZwTW1fcGNnRnJfVS1uRVFGbEdHUzJqcGt2UlU0Tkd1M1pjTU5kWXJZZHlWcG5EemNfR1lSQnRUM1p1dWJWTVBsUXZQNEFZbjdzZWE1Yk1KS0plUjNlRHdVTVBlMVJUWkE?oc=5" target="_blank">US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows</a> <font color="#6f6f6f">Reuters</font>
U.S. business activity improved in April, but the war with Iran disrupted supply chains, leading to higher output prices, according to an S&P Global survey.
U.S. business activity accelerated in April after nearly stalling in the previous month, but factory supplier delivery times deteriorated as the war with Iran disrupted supply chains, sending output prices to their highest level in nearly four years.
U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with Iran disrupted supply chains, pushing a measure of output prices to a near four-year high.
U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with Iran disrupted supply chains, pushing a measure of output prices to a near four-year high.
S&P Global provides insights into the economic impacts of the Middle East conflict, including disruptions in supply chains and rising prices.
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