2026.06.2313:55:34UTC+00US Private Sector Activity Rises Faster

The S&P Global US Composite PMI rose to 52.2 in June 2026 from 51.5 in May, marking the fastest expansion in US private-sector activity since January, according to a preliminary estimate. Growth was driven by the strongest increase in manufacturing output in six years (57.7 vs. 56.6 in May) and a faster rise in services activity (51.3 vs. 50.7). Overall new orders increased, with services demand likely boosted by the start of the FIFA World Cup, while manufacturing orders were supported by clients bringing forward contracts in anticipation of further supply disruptions stemming from the war in the Middle East. This was consistent with a greater degree of supply chain delays during the period, which kept price pressures rising at roughly the same pace as in the previous month. Meanwhile, employment declined for a second consecutive month as firms sought to reduce costs. Looking ahead, business confidence improved to its highest level since February.