Summary

• The flash US PMI survey data from S&P Global indicated a muted rebound in business activity in April, after growth had almost stalled in March on the outbreak of war in the Middle East.
• The headline flash S&P Global US PMI Composite Output Index rose from a two-and-a-half-year low of 50.3 in March to a three-month high of 52.0 in April.
• Although services output recovered slightly from a dip in March, the rate of expansion remained the second-weakest recorded over the past 14 months due to a further cooling of demand growth.

The flash US PMI survey data from S&P Global indicated a muted rebound in business activity in April, after growth had almost stalled in March on the outbreak of war in the Middle East. However, part of the

3.75K Followers