Mumbai, Nov. 5 -- The United States PMI Composite Output Index, which accounts for both services and manufacturing business activity, reached 55.9 in October, declining from 58.4 recorded in May, S&P Global revealed in its final report on Wednesday. The Services PMI Business Activity Index stood at 56.1 in the reported month, dipping from 58.8 observed in the previous month but remaining in the expansion territory.

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