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US recovery gains further momentum with hiring at all-time high

From markiteconomics.com

U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the fastest for over fiveand-a-half years, as both manufacturers and service providers indicated a steeper upturn in output. The month also saw a survey record rise in employment and an unprecedented increase in prices, the latter in part linked to a record incidence of supply chain delays. Adjusted for seasonal factors, the IHS Markit Flash U.S. Composite PMI Output Index posted 57.9 in November, up from 56.3 in October. The rate of growth was the sharpest since March 2015, as a (full story)

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