US Business Activity Gauge Improves, But Still Shows Contraction

(Bloomberg) — US business activity contracted in September for a third-straight month, though at a more moderate pace as a pickup in orders and a further softening of inflation allayed concerns of a more-pronounced pullback. The S&P Global (NYSE:) flash composite purchasing managers output index increased 4.7 points to a three-month high of 49.3, the … Read more