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 Gold Tumbles as Haven Demand Wanes Amid Easing War Risks READ MORE Evergrande's Liquidation: A Significant Turn in China's Property Crisis READ MORE Currency volatility: Will US dollar strength continue? READ MORE Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’ READ MORE Add a Comment Cancel replyYour email address will not be published.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