The world’s largest economy is performing well

The United States’ October Composite Purchasing Manager Index (PMI) has been growing at a lesser extent, but growing and shows a robust fourth quarter growth, according to the statement of the IHS Markit Economics Research Institute in London, published on Friday.

The final value of the service provider’s Purchasing Manager Index was 55.3 points in October compared with September.

Analysts expected the same 55.9 points as the index previews.
IHS Mark has published the October PMI index of the manufacturing industry a few days ago. It has increased to 54.6 points, from the 53.1 points of September. (MTI)