尽管整体商业活动有所改善，服务业的增长依然疲软。高物价和低消费者信心持续拖累需求，虽然世界杯在一定程度上提振了服务业表现。投入价格继续上升但幅度略有放缓，供应链延迟日益扩大，制造商因此大量囤积原材料，工厂的投入品库存膨胀速度达到历史第二高。为削减成本，制造业和服务业均在六月份裁减了人员，制造业就业指数跌至2020年5月以来最低水准。
展望未来，制造商和服务业者对前景更加乐观，这可能反映出对战争驱动的成本压力在未来几个月内缓解的希望。调查数据收集期间（6月11日至22日），美国与伊朗签署了谅解备忘录，有助于为达成永久和平协议铺平道路，中东局势的好转也帮助恢复了美国企业的信心。
US business activity expanded at its fastest pace in five months in June, driven by a surge in manufacturing demand. The S&P Global flash composite purchasing managers index rose to 52.2, while the manufacturing gauge climbed to 55.7—its highest level since May 2022—as factories ramped up production to meet the strongest new orders growth in over four years.
Despite the overall improvement, the service sector continued to grow at a subdued pace, weighed down by high prices and weak consumer confidence, though the World Cup provided a partial boost. Input costs rose at a slightly slower rate, but widening supply chain delays prompted manufacturers to aggressively stockpile materials, with input inventories swelling at the second-fastest pace on record. To cut costs elsewhere, both factories and service providers reduced headcount in June, with manufacturing employment falling to its lowest since May 2020.
Looking ahead, both manufacturers and service providers expressed greater optimism about future prospects, likely buoyed by hopes that war-driven cost pressures will ease in the coming months. During the survey period of June 11–22, the US and Iran signed a memorandum of understanding, helping to pave the way toward a permanent peace deal and restoring some business confidence.