US Economic Growth Accelerates in Third Quarter, Outpacing Global Peers

Latest purchasing managers' index surveys indicate a robust rebound in US economic activity during the third quarter, with the services sector significantly exceeding analyst expectations. The data positions American growth ahead of most major global economies.

3 Sept, 14:05 — 3 Sept, 14:05

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zerohedgeLow10h ago

US PMI Surveys Signal Growth Rebound In Q3, Strongest Among Global Peers

US PMI Surveys Signal Growth Rebound In Q3, Strongest Among Global Peers Following the mixed/weak Manufacturing PMI survey data earlier in the week, today's Services PMIs were expected to be just as mixed with S&P Global higher and ISM flat. S&P Global Services PMI for August rose from 54.6 to 56.5 (below the preliminary 56.8 but still up bigly) - the highest since Dec 2024 ISM Services PMI for August rose from 54.1 to 55.4 (better than the 54.1 exp) - the highest since Feb 2...

By Tyler Durden

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First report: seeking-alpha · 3 Sept, 14:02|Full coverage: 2 · 2m|Window: 2m

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seeking-alpha3 Sept, 14:02First to report

ISM Services PMI strengthens past consensus in August

zerohedge3 Sept, 14:05Latest update

US Economic Growth Accelerates in Third Quarter, Outpacing Global Peers

Sources

US PMI Surveys Signal Growth Rebound In Q3, Strongest Among Global Peers

Coverage Timeline

ISM Services PMI strengthens past consensus in August

US PMI Surveys Signal Growth Rebound In Q3, Strongest Among Global Peers

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