International Economic

US private‑sector growth hits nine‑month high

By Iain Gilbert

Date: Wednesday 05 Aug 2026

(Sharecast News) - US private‑sector growth accelerated sharply in July, with both S&P Global's services and composite purchasing managers' indexes hitting nine‑month highs as stronger demand, firmer business confidence and rising employment signalled a solid start to the second half of 2026.
The composite PMI rose to 54.5 from 51.9, its...

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