US EditionPrivate Sector Anticipates Broad-Based Contraction Through October
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Private Sector Anticipates Broad-Based Contraction Through October
Firms across the private sector expect activity to fall in the next three months (weighted balance of -18%), extending a run of negative sentiment that began in late 2024, according to the CBI’s latest Growth Indicator.The downturn is expected to be broad-based, with business volumes in the services sector set to decline (-19%), driven by weaker expectations in business & professional services (-16%) and a continually negative outlook in consume…
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