Business Activity Contracts for Fourth Straight Month


[Stay on top of transportation news: Get TTNews in your inbox.]U.S. business activity contracted in October for a fourth consecutive month as concerns about inflation and sluggish demand weighed on the outlook.The S&P Global flash composite purchasing managers output index decreased 2.2 points to 47.3, the group reported Oct. 24. Readings below 50 indicate contraction.Manufacturers…

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