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2025-12-17 01:50:42
[US Business Activity Slows to Lowest Level in Six Months in December] Survey data shows that US business activity slowed in December, falling to its lowest level since June of this year. New orders in both manufacturing and services sectors declined, indicating that the momentum of the US economy is weakening. S&P Global's preliminary December composite Purchasing Managers' Index (PMI) fell to 53.0 from 54.2 in November, a six-month low, but still above the 50-point threshold separating expansion from contraction. Data shows that new business growth was the smallest in nearly 20 months, while new orders for goods saw their first decline in a year.
