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MarketsConfirmedMedium
6.4

US Composite PMI hits 56 in August, highest in 52 months

S&P Global's US Composite PMI rose to 56 in August from 54.5 in July, the highest reading in 52 months, signaling accelerating private-sector growth. The services index beat consensus at 56.5. This suggests robust economic momentum, which may influence Fed policy expectations and market pricing.

Valor Econômicoabout 1 hour agoUSCredibility 45%View source

Score Breakdown

Mosaic Score6.4
Confidence0.9
Significance0.5
Source credibility0.5

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