US companies signalled an expansion in business activity in March, according to the latest ‘flash’ PMI™ data from S&P Global. Output grew at a solid pace that was the fastest since May 2022 as demand conditions improved and new orders growth returned. S&P Global Flash US Manufacturing PMI Index rose by 2.0 points from 49.3 points in March to 47.3 in February, reaching the highest level in the last 5 months. The S&P Global Flash US PMI Services Business Activity Index rose by 3.2 points from 50.6 points in March to 53.8 in February, reaching the highest level in the last 11 months. The headline S&P Global Flash US PMI Composite Output Index rose by 3.2 points from 50.1 points in March to 53.3 in February, reaching the highest level in the last 10 months.
 
Source:  S&P Global PMI®
Post by: Republic of Türkiye Ministry of Trade