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US business activity hits eight-month high as costs climb

Rising costs, supply-chain disruptions fueled the strongest inflation pressures since 2022
U.S. business activity reached an eight-month high in July, though rising costs and supply-chain disruptions clouded the outlook, according to S&P Global. (Getty Images)
U.S. business activity reached an eight-month high in July, though rising costs and supply-chain disruptions clouded the outlook, according to S&P Global. (Getty Images)
CoStar News
July 24, 2026 | 7:15 P.M.

American businesses picked up the pace in July, but so did inflation as companies grappled with higher shipping costs, supplier delays and the fallout from the conflict in the Middle East.

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