The S&P Global flash US composite PMI hit 56 in August, beating the 54 forecast and the 54.5 prior. It is the highest reading since April 2022, indicating accelerating business activity.
Sentimentbullish 70
Bullish · 70 of 100
Impact70
medium · sector-wide
Confidence85%
high confidence · 3 wires
Eventdeveloping
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JUST IN: U.S. business activity expands at its fastest pace in more than four years.
neutral 50 · impact 0
US S&P Composite PMI flash beats forecast in Augustbullish 80 · impact 70 · this page
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