Reported about 14 hours ago
In November, the U.S. business activity index surged to its highest level in 31 months, driven by optimism over potential interest rate cuts and pro-business policies from the incoming Trump administration. The S&P Global Composite PMI Output Index rose to 55.3, indicating private sector expansion and a likely acceleration in economic growth for the fourth quarter. Despite improvements in orders and a slowdown in price increases, businesses remain cautious about increasing their workforce even as confidence climbs.
Source: YAHOO