US services activity cools as cost pressures remain: survey
- Posted on May 5, 2026
- By Business News Today
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- 1 min read
US services activity cools as cost pressures remain: survey
US services sector activity slowed in April. Higher energy costs, driven by Middle East conflict, are impacting the global economy. The prices index remained high, with diesel, gasoline, and oil prices increasing. Construction sector buyers face affordability challenges due to interest rates, inflation, and oil supply issues. Discounts and rate buy-downs are now key to sales.