US Business Activity Growth Slows Notably in June: Flash PMI

U.S. business activity expanded at a significantly slower pace in June, according to the latest S&P Global Flash US PMI Composite Output Index. The index registered 51.2, down from 54.3 in May, indicating a marked deceleration in growth momentum. The slowdown was evident across both the manufacturing and services sectors. The Flash US Services PMI…

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US Home Sales Decline in June as Median Price Hits All-Time High of $413,000

U.S. home sales continued their downward trend in June, marking the fourth consecutive month of falling transactions, while the national median sales price reached a record $413,000, according to the National Association of Realtors. The cooling housing market reflects the impact of rising mortgage rates and persistent inflation on buyer affordability. US Home Sales Fade…

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