In August, business activity in the United States accelerated, with the manufacturing PMI rising to 53.3, hitting a three-year high.

The Finance and Economics APP learned that according to the latest Purchasing Managers' Index released by S&P Global, the pace of business activity in the United States increased significantly in August, mainly driven by the strong recovery in the manufacturing sector. New orders in manufacturing recorded the strongest growth since February 2024, driving overall economic performance beyond market expectations.