International Economic

US services PMI hits eight-month high, but uncertainty remains

By Benjamin Chiou

Date: Wednesday 05 Nov 2025

(Sharecast News) - Service-sector activity in the United States grew at its fastest pace in eight months in October, according to the Institute for Supply Management, though businesses still showed caution in their hiring decisions while the government shutdown weighed on confidence.
The ISM services purchasing managers' index jumped to 52.4...

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