The large services sector of the U.S. economy experienced its fastest growth in eight months during October, driven in part by lower interest rates. This positive momentum signals a strengthening market despite ongoing challenges.
However, businesses continue to express concerns over persistent high tariffs, which remain a significant obstacle. Additionally, many companies warned that a prolonged government shutdown could lead to further economic difficulties.
Overall, while lower interest rates are providing a boost, uncertainties surrounding trade policies and government operations are causing businesses to remain cautious about the road ahead.
https://www.marketwatch.com/story/a-big-part-of-the-u-s-economy-has-sped-up-ism-finds-but-more-speed-bump-loom-ahead-3162285c?mod=mw_rss_topstories
