The brighter news on current economic growth and hiring is marred by concerns over future growth prospects and inflation.
The August U.S. Services Purchasing Managers' Index (PMI) from S&P Global came in at 54.5, below the 55.4 forecast. The reading marks the 31st consecutive month of expansion and the second strongest growth of 2025 so far.
Advisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.