CoinWorld News, U.S. business activity rebounded in April, with the S&P Global Composite PMI preliminary reading rising to 52.0, up from 50.3 in March, mainly driven by growth in the manufacturing sector. The manufacturing PMI increased from 52.3 in March to 54.0, reaching a 47-month high and surpassing economists' forecast of 52.5. The new orders index also rose from 52.3 in March to 54.8. The services PMI increased from 49.8 to 51.3, ending its contraction for the first time since January 2023.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin