23-August-2026
Economy News
 
US Service Sector Fuels Acceleration in Business Activity, S&P Global Says
22-Aug-2026

The strongest growth in the U.S. services sector in nearly two years powered a sharp acceleration in overall business activity in August, offsetting a slowing of growth in a manufacturing sector being restrained by reduced stock building and supply disruptions from the U.S.-led war with Iran.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-21/us-service-sector-fuels-acceleration-in-business-activity-s-p-global-says