US Business Activity Expands Most in Two Years, Prices Pick Up

May 24, 2024

By Vince Golle – Bloomberg

The S&P Global flash May composite purchasing managers index advanced by more than 3 points to 54.4, the highest since April 2022. Figures higher than 50 indicate expansion. The gauge topped all estimates in a Bloomberg survey of economists.

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US Business Activity Expands Most in Two Years, Prices Pick Up

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