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US business activity expands in October survey as output-price index hits highest since August 2022

Reuters reports S&P Global's composite PMI eased to 57.6, while its output-price gauge climbed to 59.8.

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ATS Research FX Data Review, United States Flash PMI Composite Output, October 2026. Badge IN LINE: actual 57.6 versus 57.6 forecast, previous 58.4. Table of key sub-data with an in line bias on the composite PMI, a dovish bias on services and a hawkish bias on manufacturing. Full interpretation available to ATS Research members at ats-fxreport.com.

TLDR

S&P Global's October flash composite PMI fell to 57.6 from 58.4 but remained above the 50-point expansion threshold, Reuters reported. Its output-price index climbed to 59.8, the highest since August 2022, as businesses in manufacturing and services raised prices. New orders rose slightly, mostly in services. The price figure is a survey reading, not the consumer inflation rate.

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US business activity expands in October survey as output-price index hits highest since August 2022

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