Economic Buzz: US composite PMI declines in October

The United States Global Composite PMI Output Index decreased to 57.6 in October from September's figure of 58.4, according to a preliminary report published by S&P Global on Friday. The figure reached a 2-month low.

The Flash US Services PMI Business Activity Index fell to 57.9 in the reported month, down from 58.8 in September. The Manufacturing PMI Index decreased from 56.2 in the previous month to 55.8.

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