.png)
The Institute for Supply Management (ISM) reported that U.S. manufacturing showed signs of recovery in September, with increased production and employment.
Read More
In August, the U.S. services sector unexpectedly strengthened, showing an increase in new orders and higher input costs, which could indicate lingering inflation pressures. The Institute for Supply Management (ISM) reported a Non-Manufacturing PMI of 54.5, marking its highest level since February and a notable increase from July's 52.7. A reading above 50 suggests growth in the services industry, a significant part of the economy. Economists had predicted a drop to 52.5, with none expecting a reading above 53.9.
Read More
November's ISM PMI report indicated that US services industry activity increased in November, showing that the world's largest economy remains resilient despite growing macro headwinds.
Read MoreLOADING...