Surveys of businesses show improved growth
The numbers: The U.S. economy improved at the start of the fourth quarter due to slower inflation and fresh hopes that interest rates have peaked, a pair of S&P surveys showed.
The S&P Global surveys are among the first indicators each month to provide an assessment of the health of the economy. Any number above 50 signals expansion, while numbers below 50 point to contraction. A majority of survey respondents were more upbeat about the next 12 months. Many continued to hire new workers, though at a slower rate,
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