US economic output is roaring as businesses prepare for lower interest rates and the incoming Trump administration in Washington.

US economic output is roaring as businesses prepare for lower interest rates and the incoming Trump administration in Washington.

US economic output is roaring as businesses prepare for lower interest rates and the incoming Trump administration in Washington.

S&P Global’s flash US composite PMI, which captures activity in both the services and manufacturing sectors, came in at 55.3 in November, up from 54.1 in October. Economists had expected the index to tick up to 54.3. November’s S&P composite PMI signaled the fastest expansion of business activity since April 2022.