US Services Growth Cools as Input Prices Rise
US services sector activity slowed in September while input prices reached a four-year high. Strong domestic demand and middle east conflicts strained supply chains and boosted inflation pressures.
Xurve View
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Xurve View
United States services sector activity slowed to 54.9 in September, while input price pressures surged to their highest level in over four years. That reading remained well above the 50 threshold indicating expansion across the economy's dominant sector. Strong domestic demand and supply chain bottlenecks point to persistent inflation risks extending through 2027.
