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US business activity hits fastest growth in 5 years, driven by services and manufacturing surge.

Market News
23 Sep 2026
PYMNTS
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Bullish
US business activity hits fastest growth in 5 years, driven by services and manufacturing surge.

US business activity grew at the fastest pace in over five years in September, with the S&P Global US Flash PMI Composite Output Index rising from 56.0 to 58.4. This marks the fourth month of accelerating growth, led by a sharp increase in service sector output and a strong manufacturing rebound. New orders in services and manufacturing reached their highest levels since early 2022, driven mainly by domestic demand. This growth surge is the strongest since early 2015, excluding the post-COVID reopening period, signaling robust economic momentum going forward.

The S&P Global data on US business growth provides context for market activity on Pluang. Of 92 Industrials-sector US stocks priced on Pluang, 37 rose and 55 fell as of Sep 24, 2026 03:43 WIB. Notable movers include Enovix Corporation at USD 2.94 with a 1-day change of -3.76%, FuelCell Energy Inc at USD 17.19 down 3.75%, and Cintas Corporation at USD 191.70 down 3.57%.

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