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The latest indications on U.S. private sector activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023. A positive takeaway from the flash Purchasing Managers Index (PMI) surveys released Tuesday by S&P Global is the welcome moderation in the rates of increase for selling prices in both goods and services observed in April. Global’s Flash PMIs For April 2024: Key Takeaways The U.S. Composite PMI decelerated from 52.1 t ....
Vietnam’s manufacturing sector slightly decreased in March due to weaker demand after recording marginal improvements in the first two months of the year while confidence in the outlook for the year ahead hit an 18-month high. ....
Financial data company S&P Global is acquiring financial technology provider Visible Alpha, Reuters reports, noting that the parties did not disclose the value of the transaction. ....