US business activity rumples for third straight month in August- IHS Markit - NewsBreak

IHS Markit, the London-based British financial information provider, said on Monday that US business activity growth had decelerated for a third straight month in August, as a flurry of key fundamentals like of supply shortage, capacity strains, higher prices of raw materials alongside rapidly surging delta cases appeared to have taken the shine off a robust reopening of US economy.