Daily Roundup of Key US Economic Data for Oct. 23

02:27 PM EDT, 10/23/2026 (MT Newswires) -- The flash manufacturing reading from S&P Global rose to a 53-month high of 56.0 in October from 55.9 in September after regional data from the New York, Kansas City and Philadelphia Federal Reserve banks indicated expansion. Released at the same time, the flash services reading from S&P Global fell to 57.9 in October from 58.8 in September, suggesting a slower pace of expansion. The University of Michigan consumer sentiment index for October was revised higher to 48.0 from the preliminary estimate of 46.3 but was still slightly below September's reading of 48.1. Michigan said that inflation expectations accelerated further in October after surging in September. The Kansas City Fed's services index rose to 10 in October from 0 in September. In contrast, other regional services data already released have indicated contraction for the sector. The Q3 GDPnow estimate from the St. Louis Fed is for a 3.19% gain, up from a 2.81% gain in the previous estimate.