US Private Sector Growth Steady in May in World Economy News 22/05/2026 The S&P Global US Composite PMI came in at 51.7 in May 2026, the same as in April, continuing to point to resilient private sector activity although the rate remained more moderate than early in the year, preliminary estimates showed. Improved performance in manufacturing (55.3, the highest in 48 months vs 54.5) was countered by a sluggish service sector (50.9 vs 51). However, factory growth was again in part supported by temporary stock building and both sectors reported that order book growth had been somewhat subdued by the ongoing war in the Middle East, most notably in terms of export sales. Surging input costs, which jumped at the steepest rate since late-2022 on the back of rising war-related supply constraints and steep energy cost increases, were not only cited as causing lower sales but also contributed to steepening job losses and a further rise in selling price inflation to its highest since August 2022. Source: Trading Economics 2026-05-22 hellenicshippingnews... tweet Share