US Business Activity, Sentiment Improve as Tariff Anxiety Eases
Workers package a window frames at a manufacturing facility in Pella, Iowa.
Photographer: Sergio Flores/Bloomberg US business activity and output expectations improved this month as trade-related anxiety eased even as price pressures continued to mount due to tariffs.
The S&P Global flash May composite index of output rose 1.5 points to 52.1 after sliding a month earlier to the lowest since 2023, according to data released Thursday. Figures above 50 indicate growth, and the acceleration reflected expansion at both manufacturers and services providers.