U.S. economy is still growing, ISM says, but 'tariff uncertainty' depresses sales and hiring

Core Insights - The large services sector of the economy experienced growth in November for the sixth consecutive month, indicating a sustained positive trend in this area [1] - Inflationary pressures have eased, suggesting a potential stabilization in prices which could benefit consumer spending and overall economic health [1] - Businesses are adopting a cautious stance towards hiring and investment due to ongoing uncertainties related to tariffs, which may impact future growth prospects [1]