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US Services Activity Contracts for First Time Since 2023
The S&P Global final March services business activity index fell to 49.8 from a preliminary reading of 51.1, data released Friday showed. Figures below 50 indicate contraction.
Russian service sector contracts in March | NAMPA
Moscow (dpa-AFX) - Russia's service sector activity logged a decline in March amid weaker demand conditions, survey results from S&P Global showed on Friday. The services purchasing managers' index, or PMI, dropped to 49.5 in March from 51.3 in February. Any score below 50 suggests contraction in the sector, while a reading above 50 suggests expansion. This was the first decrease in six months ...
US business activity declines amid higher inflation and war in the ...
The US private sector services economy experienced a contraction of activity at the end of the first quarter of 2026, according to March PMI® survey data from S&P Global. It was the first decline recorded in over three years amid the weakest rise in new work since April 2024. Confidence in the ...
US S&P Global Services PMI posts first contraction since 2023
The US S&P Global Services PMI in March reported that business activity in the sector is slowing sharply, falling to contractionary territory for the first time since January 2023, amid higher ...
