FX.co ★ US Private Sector Growth Holds Steady in June

The S&P Global US Composite PMI experienced a marginal decline in June 2025, moving to 52.9 from the previous month's figure of 53.0, aligning closely with the preliminary forecast of 52.8. This data underscores the continuing robust momentum within the US private sector. Notably, manufacturing output enjoyed its swiftest growth since February, although the expansion of the service sector experienced a slight deceleration. New orders maintained a consistent upward trend, and employment growth surged to its highest level in five months. Despite persistent cost pressures and a marked rise in selling prices, business confidence remains optimistic, albeit still trailing behind the long-term average.