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U.S. manufacturing activity is expanding at its fastest pace in several months, accompanied by growth in both manufacturing and services sectors. Daniel Lacalle highlights that business confidence and profit outlook in the U.S. are on the rise, with real net wages also increasing.
The data comes via SP Global and Bloomberg, underscoring continued economic momentum in key areas of the U.S. economy.
Earlier this year, Daniel Lacalle commented on the drop in U.S. bond yields despite ongoing tariff and inflation concerns. He also highlighted that Spain's export growth for 2025 fell behind the EU average. These previous notes add context to his latest observations on improving U.S. business conditions.