AI Data Insight
The latest US Markit Composite PMI for September (Q3 2026) surged to 58.4, significantly outperforming the previous value of 56.0 and marking the fastest pace of expansion in over five years. This growth was jointly driven by the services and manufacturing sectors, with notable increases in new orders and employment. However, robust demand has also led to supply chain pressures and soaring input costs, which may fuel expectations for further tightening by the Federal Reserve.