US Business Activity Slows, Marking Weakest Growth in Four Months In April, US business activity experienced its slowest expansion of the year, triggered by a significant pullback in demand. This slowdown resulted in the first employment decline seen since 2020. The S&P Global flash composite index, which tracks output at manufacturers and service providers, fell 1.2 points to 50.9—the most substantial drop since August. While readings above 50 still denote expansion, the downturn is notable. Moreover, the composite measure of orders indicated the first contraction in six months, signaling potential challenges ahead for the US economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month READ MORE Retirement Dreams Fade for Young Americans Amid Economic Challenges READ MORE SNAP Benefits Shows 1 in 8 Americans are on Food Stamps READ MORE BullionStar Financials FY 2022 – Year in Review READ MORE Government Measures Aim to Strengthen Demand for ZiG in Zimbabwe READ MORE Add a Comment Cancel replyYour email address will not be published.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