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U.S. Economy Booms as Business Activity, Hiring and New Orders Surge

Friday, October 23, 2026


Business activity in October expanded at a rate not seen in over four years, according to data released by the National Institute for Supply Management. Manufacturing conditions reached their strongest level since 2022, and factory hiring accelerated to its fastest pace in nearly 15 years. The figures track broader measures of production, employment, and new orders across U.S. manufacturing and services sectors.

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