Germany’s Private Sector Keeps Growing Before US Trade Deadline

Germany’s private sector kept growing in July, a sign of resilience in the face of Donald Trump’s intensifying tariff threats and optimism over the government’s spending push.

While S&P Global’s Composite Purchasing Managers’ Index for Europe’s largest economy slipped to 50.3 from 50.4 in June, it remained above the 50 threshold separating expansion from contraction, data Thursday showed. Analysts had expected a reading of 50.7.