Manufacturing demand is strong rebounding, US business activity expanded in June at its fastest pace in nearly five months.

According to the Securities Times APP, the latest survey released by Standard & Poor's on Tuesday showed that the expansion rate of commercial activities in the United States in June rose to the fastest level in nearly five months, with significant rebound in manufacturing demand driving overall economic activity to continue to grow. However, companies are still facing challenges such as cost pressures, tight supply chains, and weak consumer confidence.