U.S. Flash PMI Signals Further Growth Slowdown In March As Middle East War Drives Prices Sharply Higher [Seeking Alpha]
S&P Global Inc. (SPGI)
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The headline Flash S&P Global US PMI Composite Output Index fell from 51.9 in February to 51.4 in March, its lowest since April of last year. War-related shipping issues were a key cause of longer supplier delivery times in March. Maksim Labkouski/iStock via Getty Images US business activity growth slowed to an 11-month low in March as businesses reported a weakening inflow of new orders and a spike in prices following the outbreak of war in the Middle East. This article was written by
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