FX.co ★ U.S. Economic Activity Gains Momentum: S&P Global Composite PMI Climbs to 53.5 in March

In a positive sign for the United States economy, the S&P Global Composite PMI has shown significant improvement, climbing to 53.5 in March 2025. This marks an uptick from February's reading of 51.6, indicating an acceleration in business activity across both manufacturing and service sectors.

The latest data, updated on March 24, 2025, suggests strengthening economic conditions, driven by increased demand and growth in new business. The PMI reading above the neutral 50 mark reflects expansion, and the rise to 53.5 in March underscores robust economic momentum as the second quarter approaches.

Market analysts have noted that this growth aligns with ongoing efforts to boost production capacity and enhance service delivery, despite external uncertainties. The upward trend in the S&P Global Composite PMI is a promising indicator that the U.S. economy is on a stable recovery path as it continues to shake off the lingering effects of past disruptions.