US Business Activity Cools Slightly in October
S&P Global's flash manufacturing PMI rose to 56.0 from 55.9, a 53-month high, while manufacturing output dipped to 55.8. Services activity eased to 57.9 from 58.8, and the composite output PMI slipped to 57.6 from 58.4.
S&P Global's flash manufacturing PMI edged up to 56.0 from 55.9, a 53—month high, while the manufacturing output index dipped to 55.8. In services, the business activity index eased to 57.9 from 58.8, and the composite output PMI slipped to 57.6 from 58.4, still pointing to the second—strongest exp…