Final U.S. Composite PMI Revised Down to 55.9 for October
4 Articles
4 Articles
The index of purchasing managers (PMI) of the U.S. service sector fell to 56.1 points in October, from 58.8 points in September, according to revised data released this Wednesday (4) by S&P Global. The reading, however, remained above the mark of 50 points, which indicates expansion of economic activity. The result came below the market consensus, of 58 points. The composite PMI, which gathers data from the industrial and service sectors, declin…
(Teleborsa) - The United States composite SME index, developed by S&P Global, dropped to 55.9 in October 2026, compared to 58.4 in September; this is the lowest value of the last three months, lower...
The final result of October was well below the preliminary reading and forecast of analysts consulted by FactSet, both of 57.9
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