ISM Services PMI strengthens past consensus in August
11 Articles
11 Articles
The ISM purchasing managers' index for the services sector stood at 55.4 in August, compared with 54.1 in July.
In the US, the Institute for Supply Management (ISM) services sector Purchasing Managers Index (PMI) rose to 55.4 in August, exceeding expectations and indicating an acceleration in growth within the sector.
(Teleborsa) - The U.S. service sector is strengthened beyond expectations in August, confirming the expansion phase of the activity. According to the survey conducted by the Institute for Supply Management among the...
US ISM Services Beats Forecasts as Demand Surges but Hiring Stays Weak - ActionForex
US services activity strengthened more than expected in August, with ISM PMI Services rising from 54.1 to 55.4, above 54.3 consensus and marking a 26th consecutive month of expansion. Demand indicators were particularly strong: Business Activity jumped from 59.1 to 61.7, while New Orders surged from 57.2 to 60.9, both reaching multi-year highs. Backlogs also […] The post US ISM Services Beats Forecasts as Demand Surges but Hiring Stays Weak appe…
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