International Economic

US services activity slows in January but hiring 'surges', S&P says

By Alexander Bueso

Date: Friday 24 Jan 2025

(Sharecast News) - Economic activity in the States slowed noticeably at the start of 2025 as the services sector cooled, survey results showed.

But optimism in manufacturing in the wake of Donald Trump's election victory and a quicker pace of hiring, especially in services, pointed to strength ahead.

S&P...

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