美国服务业11月强劲扩张 第四季度年化GDP增速有望达2.5%

Core Insights - The U.S. services sector showed strong expansion in November, with service demand growing at the fastest pace of the year [1] - The manufacturing sector also reported robust output growth, contributing to an expected annualized GDP growth rate of 2.5% in the fourth quarter [1] - Favorable financial conditions, including declining interest rates and a rising stock market, are supporting the economy's resilience [1] Economic Activity - Financial services activity surged in November, indicating continued economic strength [1] - Both consumer services and business services are expanding, although customer demand is under pressure due to affordability issues [1] Pricing and Inflation Concerns - Service charge prices increased at a faster rate in November as businesses attempt to pass on higher costs, often related to tariffs [1] - There are concerns that rising prices may hinder the Federal Reserve's ability to further cut interest rates, potentially limiting the expansion of the financial services sector [1]