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 Experts Predict Continued Upside for Silver and Gold Despite Recent Dip READ MORE February Layoffs Hit Record High Since 2009, Tech and Finance Sectors Lead the Pack READ MORE Powell Signals Fed's Pivot: Job Market Concerns May Prompt Rate Cuts READ MORE Silver Poised for Major Breakout: Key Levels to Watch READ MORE U.S. Economic Momentum Slows, S&P Surveys Indicate READ MORE Add a Comment Cancel replyYour email address will not be published.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