AI Data Insight
The flash US Composite PMI for the third quarter of 2026 climbed strongly from the previous 56.0 to 58.4, hitting a more than five-year high and outperforming market expectations across the board. Benefiting from the simultaneous expansion of both the services and manufacturing sectors, along with robust growth in new orders and employment, the economy continues to show resilience. However, the surge in input costs has also kept the market on high alert regarding sticky inflation and the risk of the Federal Reserve's subsequent high-interest-rate policy.