SENSEX
NIFTY
GOLD
USD/INR

Weather

image 25    C

Top News News

The Economic Times

Top News / The Economic Times

details

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.

5 May 2026 9:09 pm