US services sector expands in October; Q3 GDP at 3.4%
FROM THE WIRE · FINANCE.YAHOO.COM
The U.S. services sector maintained its expansionary momentum in October 2026, supported by sustained business activity and healthy demand conditions. According to the Institute for Supply Management (ISM), the Services PMI registered 54.5% in October compared with 54.9% in…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid services and growth data can support US equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The ISM Services PMI registered 54.5% in October, versus 54.9% in September.
- 02US real GDP rose at a 3.4% annualized rate in July-September 2026.
- 03GDP had grown 2.2% in the second quarter.