The US economy showed clear signs of slowing in April, with S&P Global flash composite PMI falling from 53.5 to 51.2, its lowest level in 16 months. While manufacturing activity edged up slightly from 50.2 to 50.7, the services sector lost significant momentum, dropping from 54.4 to 51.4. According to S&P Global’s Chris Williamson, the […]

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