← Latest news 
US services activity slows in April as energy costs stay stubbornly high
Economy
Published on 5 May 2026
Diesel and gasoline prices keep pushing costs up
US services activity cooled in April as the prices index stayed elevated, with diesel, gasoline and oil costs rising amid Middle East-driven energy pressure. Construction buyers are squeezed by high interest rates, inflation and oil supply issues, forcing sellers to lean on discounts and rate buy-downs to keep deals moving.
- US services activity slowed in April
- Energy costs rose, lifting overall price pressures
- Construction buyers face affordability strain from rates and inflation
- Discounts and rate buy-downs are becoming more common
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times