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 Pandora's Sustainable Shift: Embracing Recycled Precious Metals READ MORE Silver Outshines Gold with 22% Return, Supply Deficit Expected READ MORE Mortgage Rates Hit 16-Month Low as Fed Signals Rate Cuts READ MORE Investors Warn AI Boom Obscures Broader Tech Sector Struggles READ MORE Gold and Copper Shine Bright: The Start of a Prolonged Bull Market READ MORE Add a Comment Cancel replyYour email address will not be published.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