US Business Activity Accelerates in May: S&P Global

2025-06-04 13:48 By Joana Ferreira 1 min. read

The S&P Global US Composite PMI was revised up to 53.0 in May 2025, from a preliminary reading of 52.1 and well above April’s 19-month low of 50.6.

The improvement was driven by stronger activity in the services sector, offsetting a marginal decline in manufacturing output.

Both sectors reported increased new business, leading to faster overall growth compared to the previous month.

Employment rose for the third consecutive month, while business confidence reached its highest level since January.

However, newly imposed tariffs contributed to a marked acceleration in both input costs and output price inflation.



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