US PMI composite rebounds to 52.1, inflation surge, supply chain delays and inventory build

US economy saw a notable rebound in private sector activity in May, with both PMI Manufacturing and Services rising to 52.3, lifting the Composite reading to a solid 52.1. According to S&P Global, this improvement marks a turnaround from Ap https://www.actionforex.com/live-comments/598055-us-pmi-composite-rebounds-to-52-1-inflation-surge-supply-chain-delays-and-inventory-build