US private sector’s output drives fastest uptick in business activity in a year
AU Manufacturing
MARCH 26, 2023
The US private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. The S&P Global Flash US PMI Composite Output Index registered 53.3 in March— up from February’s 50.1-point point rating.
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