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U.S. Business Activity Growth Slows as Europe Picks Up Pace

By WSJ February 20, 2026 Neutral
U.S. Business Activity Growth Slows as Europe Picks Up Pace
Private-sector activity in the U.S. slowed in February as tariffs drove costs higher for firms, while Europe expanded at a stronger pace than anticipated due to a rebound in industry.
Private-sector activity in the U.S. slowed in February as tariffs drove costs higher for firms, while Europe expanded at a stronger pace than anticipated due to a rebound in industry.