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US November PMI data hits new highs, Services PMI reaches a new high in 32 months

Binance News · 2024-11-22T14:53:50.000Z

According to Odaily Planet Daily, the initial value of the S&P Global Services PMI in the United States in November was 57, the expected value was 55.2, and the previous value was 55, setting a 32-month high. The preliminary reading of the S&P Global Composite PMI in the United States in November was 55.3, in line with expectations of 54.3 and the previous value of 54.1, hitting a 31-month high. The initial reading of the S&P Global Manufacturing PMI in the United States in November was 48.8, in line with expectations. The previous value was 48.5, a four-month high.

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AI Summary

The U.S. PMI data for November hit a new high, and the services PMI hit a 32-month high, indicating that economic activity continued to expand and the future economic outlook is optimistic.

According to Odaily Planet Daily, the preliminary value of the US November S&P Global Services PMI is 57, expected 55.2, previous value 55, reaching a new high in 32 months.
The preliminary value of the US November S&P Global Composite PMI is 55.3, expected 54.3, previous value 54.1, reaching a new high in 31 months.
The preliminary value of the US November S&P Global Manufacturing PMI is 48.8, in line with expectations, previous value 48.5, reaching a new high in 4 months.

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US November PMI data hits new highs, Services PMI reaches a new high in 32 months

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