(CercleFinance.com) – Growth in private sector activity decelerated significantly in the United States in April, according to the S&P Global composite PMI index, which came out at 55.1 in flash estimate, after 57.7 for the previous month.
‘While it remains faster than in January, when it was penalized by Omicron, growth is slowed by a slower increase in services due to inflation pressures on customer spending’, explain the investigators .
For the record, it is the threshold of 50 that separates the expansion and contraction of a sector’s activity for the PMI indices: the higher the index is above this threshold, the faster the pace of expansion. .
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