S&P PMI Shows US Growth Moderation in November

Key Points:
  • US Composite and Services PMI indicate moderated growth.
  • Economic expansion continues with slight moderation.
  • No immediate impact on cryptocurrency markets reported.

The latest S&P Global US release shows the Composite PMI at 54.2 and Services PMI at 54.1 for November 2025, indicating moderated growth in the US private sector.

These figures suggest sustained economic expansion, potentially influencing financial markets, including cryptocurrencies, through reinforced confidence in US economic conditions.

The latest S&P Global US macroeconomic updates reveal the Composite PMI at 54.2 and Services PMI at 54.1 for November 2025. Both metrics have dipped from October figures, indicating a moderated expansion within the US private sector.

S&P Global compiles these reports based on surveys from around 800 companies. While no direct statements from high-profile leaders were found, this data reflects significant insights into the current economic climate.

These PMI figures imply continued economic growth affecting risk appetites in financial and crypto markets. However, no direct correlation with immediate changes in asset movements or investment patterns has been noted from this update.

Financial trends and market sentiments are likely influenced by these numbers, though no immediate changes in investment strategies or funding patterns linked to cryptocurrencies have been observed.

Historically, PMI readings above 50 signal growth, offering a positive outlook for medium-term market trends. Crypto markets tend to indirectly respond to macroeconomic sentiments reflected in inflation and growth data from such reports.

Potential outcomes include indirect effects on cryptocurrencies like Bitcoin  BTC +0.87% and Ethereum  ETH +5.82% , as these assets often react to broader market conditions and economic sentiment. Historical trends suggest steady PMI growth supports positive asset price stability.

“The Composite PMI reading of 54.2 reflects ongoing but moderated expansion in the US private sector.” – S&P Global, Chief Economist, S&P Global

Samay Kapoor

Samay Kapoor is a seasoned crypto journalist with over 10 years of experience in finance, blockchain, and digital innovation. For Samay, crypto is more than markets; it is a story about how technology changes people’s lives. Covering blockchain breakthroughs, NFT culture, and metaverse frontiers, she writes to spark curiosity and build understanding. At TokenTopNews, her articles blend sharp reporting with narrative storytelling, helping readers move beyond headlines to see the full picture of Web3’s evolution.