United StatesUS S&P Global Composite PMI fell to 55.9 Points in October 2026
US S&P Global Composite PMI fell to 55.9 Points in October 2026, released 4 Nov 2026, down 2.5 Points from September's 58.4 Points reading. The reading matched the 57.6 Points consensus.
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Forecasts generated by Sigmanomics engine. Not financial advice.
Backtest — not a live record
Backtest median absolute error
reconstructed over the last 12 releases
Latest release (backtest)
Released 4 Nov 2026
Method: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/USD | ▼ Inverse | −0.44 | FOREX | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| NZD/USD | ▼ Inverse | −0.39 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.38 | FOREX | Moves against | → View |
| S&P 500 | ▲ Direct | +0.37 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Composite PMI (United States) was reported at 55.90 Points in October 2026. This missed the market consensus of 57.60 Points by 1.70 Points. The reading fell from the previous value of 58.40 Points. Over the past 12 months, the indicator has averaged 54.03 Points, ranging from 51.40 Points to 58.40 Points across 20 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 57.30 Points, up from the prior three at 56.80 Points. Volatility over the past year (σ 2.28 Points) is higher than the prior year (σ 1.50 Points). Across releases published in November over the past 3 years, S&P Global Composite PMI has averaged 54.02 Points.
WHAT TO WATCH NEXT
The next release is scheduled for November 23, 2026. Same-country events in the next 14 days include Fed Daly Speech (Nov 12) and Budget Balance (Nov 12).
S&P Global Composite PMI - US
About S&P Global Composite PMI — United States
DEFINITION
The S&P Global Composite PMI is a widely recognized financial indicator that measures the overall economic health of a country by combining the manufacturing and services sectors. It provides valuable insights into the current state of the economy, as well as future trends, and is used by investors, policymakers, and businesses to make informed decisions. With its comprehensive and timely data, the S&P Global Composite PMI is a crucial tool for understanding the performance of the global economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2026): actual 55.9 Points, consensus 57.6 Points. Prior reading (Oct 2026, first reported): 57.6 Points. Before that (Sep 2026, first reported): 58.4 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast is 55.07 Points (latest print 55.9 Points). The projection is based on the indicator's own recent trend. This indicator correlates most strongly with AUD/USD (r=-0.44) — a useful reference for forex-focused traders.
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Economic Calendar - US Events
| Thursday, November 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 13:30 | US | Initial Jobless Claims | 200 | 191 | 195 | 198.00 | High |
| 13:30 | US | Continuing Jobless Claims | 1697 | 1717 | 1710 | 1701.00 | High |
| 13:30 | US | Jobless Claims 4-Week Average | 195.25 | 195.25 | 192.5 | 193.69 | High |
| 15:00 | US | Existing Home Sales MoM | -5.5 | 1 | 0.3 | -2.60 | High |
| 15:00 | US | Existing Home Sales | 3.75 | 3.97 | 3.85 | 3.80 | High |
| 17:00 | US | EIA Crude Oil Stocks Change | 4.657 | -0.865 | -1.1 | 1.78 | Medium |
| 17:00 | US | EIA Distillate Stocks Change | 4.071 | -3.565 | -1 | 1.54 | Low |
| 17:00 | US | EIA Gasoline Stocks Change | 1.799 | -0.222 | -0.1 | 0.85 | Medium |
| Friday, November 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:30 | US | PPI Ex Food, Energy and Trade MoM | 0.5 | 0.3 | 0.45 | Low | |
| 13:30 | US | Producer Price Index YoY | 6.3 | 6.6 | 6.50 | Low | |
| 13:30 | US | Core PPI MoM | 0.7 | 0.3 | 0.25 | Medium | |
| 13:30 | US | Core PPI YoY | 5 | 5 | 5.00 | Low | |
| 13:30 | US | PPI Ex Food, Energy and Trade YoY | 5 | 5 | 4.80 | Low | |
| 13:30 | US | Producer Price Index MoM | 1.3 | 0.4 | 0.30 | High | |
| 13:30 | US | Producer Price Index | 159.78 | 160 | 160.08 | Low | |
| 15:30 | US | EIA Natural Gas Stocks Change | 77 | 65 | 67.50 | Low | |
Editorial review: Neha Gupta, AnalystLinkedIn profile
Neha Gupta is a Chartered Financial Analyst with over 18 years of experience in finance and more than 11 years as a financial writer. She’s authored for clients worldwide, including platforms like MarketWatch, TipRanks, InsiderMonkey, and Seeking Alpha. Her work is known for its technical rigor, clear communication, and compliance-awareness—evident in her success enhancing market updates.