New Overnight Developments Abroad - Daily Update
U.S. Economy Pulling Out Ahead of the Crowd of Other Economies
December 16, 2024
The S&P Global U.S. preliminary composite purchasing managers index jumped 1.7 points to a 33-month high of 56.6 in December. This result far exceeded analyst expectations, led by the service sector whose subindex reached a 38-month high on the prospect of widespread deregulation by the incoming Trump administration. America’s good December report card contrasted with […] More
