The US headline business activity net balance fell to 30 per cent in October from 41 per cent in June and was the lowest for two years, an S&P Global survey found.
Despite this, firms were still more optimistic than the global average net balance of 24 per cent.
Inflation expectations were a bit above the global average.
At 37 per cent, the manufacturing net balance was the highest for a year.
Despite this, firms were still more optimistic than the global average net balance of 24 per cent.
Inflation expectations were a bit above the global average.
At 37 per cent, the manufacturing net balance was the highest for a year.
