FX.co ★ US Economic Momentum Grows as S&P Global Composite PMI Hits New High in October

The United States saw an upturn in its economic activity according to the latest S&P Global Composite Purchasing Managers' Index (PMI) data for October 2025. The index, which measures the economic health of the manufacturing and service sectors, rose to 54.8 from the previous 53.9 recorded in September 2025, marking a steady growth in momentum for the second consecutive month.

This improvement, updated on October 24, 2025, signals robust expansion in the private sector, with increased output and stronger market demand driving the October gains. The upward trend offers a positive outlook for the U.S. economy, providing optimism for businesses and policymakers as they navigate the latter part of 2025.

The rise to 54.8 reinforces the resilience of the U.S. economy, showcasing the capability to withstand global economic uncertainties while maintaining growth. The PMI's sustained increase underscores the vitality in both manufacturing and services, which are crucial drivers for sustaining long-term economic prosperity.