US November S&P Global PMI: Manufacturing Hits 4-Month Low, Services & Composite at Highs

Published: Nov 22, 2025 15:49

Save

[SMM Global PMI Data Flash] The preliminary S&P Global PMI data for the US released in November showed that the manufacturing PMI preliminary reading reached 51.9, marking a four-month low. The services PMI preliminary reading was 55, and the composite PMI preliminary reading was 54.8, both hitting four-month highs. Among these, the preliminary reading for the new orders sub-index of the composite PMI rose to 55, not only reaching the highest level since December 2024 but also remaining in expansion territory for nine consecutive months. However, the employment indicator declined MoM.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

SHFE Cast Aluminum Alloy Warrants Down 970 mt to 32,612 mt on April 1

[SMM Flash News] SHFE data showed that as of April 1, the total registered volume of cast aluminum alloy warrants was 32,612 mt, down 970 mt from the previous trading day. By region: Shanghai (1,942 mt, down 61 mt), Guangdong (13,780 mt, down 517 mt), Jiangsu (2,704 mt, down 120 mt), Zhejiang (9,346 mt, down 272 mt), Chongqing (3,634 mt, increase 0 mt), and Sichuan (1,206 mt, increase 0 mt).

7 hours ago

8 hours ago

Data: SHFE, DCE market movement (Apr 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Apr , 2026

8 hours ago

9 hours ago

Aluminum Prices Fluctuate at Highs, Downstream Buyers Mainly Procure Against Orders [SMM Spot Aluminum Midday Review]

9 hours ago