{"id":305890,"date":"2025-11-21T21:28:13","date_gmt":"2025-11-21T21:28:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/305890\/"},"modified":"2025-11-21T21:28:13","modified_gmt":"2025-11-21T21:28:13","slug":"us-business-activity-optimism-boosted-by-government-reopening","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/305890\/","title":{"rendered":"US Business Activity, Optimism Boosted by Government Reopening"},"content":{"rendered":"

Business activity in the United States increased for the second consecutive month and reached a four-month high in November, S&P Global<\/a> said Friday (Nov. 21).<\/p>\n

The company\u2019s Flash U.S. Composite PMI Output Index rose from 54.6 in October to 54.8 in November, according to a Friday press release<\/a>.<\/p>\n

By sector, services companies reported their strongest increase in output since July and their largest increase in new business this year. Manufacturing companies reported a \u201crobust\u201d increase in production but a slowdown in new orders, per the release.<\/p>\n

\u201cThe flash PMI data point to a relatively buoyant U.S. economy in November, signaling annualized GDP growth of about 2.5% so far in the fourth quarter,\u201d Chris Williamson<\/a>, chief business economist at S&P Global Market Intelligence, said in the release. \u201cThe upturn also looks encouragingly broad-based for now, with output rising across both manufacturing and the vast services economy.\u201d<\/p>\n

The survey also found that companies were more confident about their prospects in the year ahead than they have been since January, according to the release.<\/p>\n

By sector, the optimism of manufacturing companies hit a five-month high, and that of services companies reached an 11-month high, per the release.<\/p>\n

Advertisement: Scroll to Continue<\/p>\n

\u201cHopes for further interest rate cuts and the ending of the government shutdown have boosted optimism alongside a broader undercurrent of improved economic optimism and reduced concerns over the political environment,\u201d Williamson said in the release.<\/p>\n

The government shutdown<\/a> ended on the evening of Nov. 12 after lasting for a record-long 43 days. Following President Donald Trump\u2019s signing of a continuing resolution to temporarily restore funding, agencies reopened and federal workers returned to their offices.<\/p>\n

Many types of businesses were impacted during the shutdown. For example, the U.S. Chamber of Commerce<\/a> said the government shutdown<\/a> put at risk $3 billion a week that would have been earned by 65,500 small business contractors. In addition, the U.S. Travel Association<\/a> said that the government shutdown<\/a> could cost America\u2019s travel economy $1 billion a week.<\/p>\n

The National Federation of Independent Business<\/a> said Nov. 11 that during October, small business optimism<\/a> took \u201ca small step back,\u201d with owners reporting declines in sales and profits.<\/p>\n","protected":false},"excerpt":{"rendered":"Business activity in the United States increased for the second consecutive month and reached a four-month high in…\n","protected":false},"author":2,"featured_media":305891,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,101,2420,3,3300,23669,21,19,22,20,25,24,3301],"class_list":["post-305890","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-economy","tag-government","tag-news","tag-pymnts-news","tag-smbs","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa","tag-whats-hot"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/305890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=305890"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/305890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/305891"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=305890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=305890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=305890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}