US business activity hits 8-month high but supply strains, costs rise
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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US business activity hits 8-month high but supply strains, costs rise
US business activity expanded at its fastest pace in eight months during July. Strong domestic demand for services offset cooling factory production and rising costs. Service providers saw their highest activity levels since November 2025. Manufacturing gauges fell to their lowest point since March. Supply chain delays and price pressures intensified, impacting growth and demand.