S&P Global Survey Shows US Business Activity Picks Up in January as Inflation Cools In a promising start to 2024, U.S. business activity has shown a notable uptick in January, alongside signs of cooling inflation. S&P Global’s latest survey reveals that the flash U.S. Composite PMI Output Index, encompassing manufacturing and services sectors, has risen to a robust 52.3, marking its highest point since the previous June. This surge from December’s 50.9 is attributed to significant gains in both the services and manufacturing domains. Furthermore, a key highlight is the reduction in prices charged by companies for their products, reaching their lowest in over three and a half years, signaling a potential easing of inflationary pressures. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE US Cancels Latest Oil Reserve Refill Plan Amid High Prices READ MORE Why Buy Gold? 11 Reasons to Invest in Physical Gold Bullion READ MORE Americans are going into debt to buy groceries. Here’s why those balances can be difficult to pay down READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment