US Business Activity Declines for Seventh Month in a Row as Recession Looms

3 days ago
Business enactment successful the United States contracted for the seventh consecutive period successful January, with some manufacturing and work sectors remaining successful the reddish for the month, suggesting a downturn successful economical activity. The S&P Flash U.S. PMI Composite Output Index for January came successful astatine 46.6, up from 45 astatine the extremity of 2022, according to a news release on Jan. 24. Readings beneath 50 bespeak contractio...
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