US service sector fuels acceleration in business activity, S&P Global says

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.

Aug 21 (Reuters) - 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 ... [2821 chars]

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