09:54 AM EDT, 04/23/2026 (MT Newswires) -- The April flash reading of manufacturing conditions from S&P Global increased to a 47-month high of 54.0 from 52.3 in March, compared with an expected reading of 52.5 in a survey compiled by Bloomberg.

The increase follows increases in readings in the regional manufacturing sector readings from the New York and Philadelphia Federal Reserve banks.

The index for services conditions rose to 51.3 in April from 49.8 in March, compared with expectations for an increase to 50.6.