U.S. Business Activity Rises
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•Business
Business & Economics
US business activity rises in March, but sentiment deteriorates further
78% Informative
S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 53.5 this month from 51.6 in February .
The improvement in activity will probably do little to assuage fears that the economy was staring at a period of slow growth and high inflation.
Consumer sentiment has also deteriorated as households worry about the future.
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