๐ US biz conditions up, but demand is slowing down
US manufacturing operating conditions saw a solid improvement in August, according to S&P Global PMI data. This improvement was noted in the US market while supply issues remained a key concern. Growth in production and order books eased, which firms linked to higher prices and tight supply. These pressures were partly blamed on the Middle East war and tariff uncertainty. Manufacturers are building inventories to counter price hikes and delivery delays.