Services Sector Contraction In March Screams Q1 Stagflation
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Source: Zero Hedge
Published: 2026-04-04 01:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, World News, War & Conflict
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Snippet:
Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026.
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