HomeBlogUncategorizedISM August services PMI 52.0 vs 51.0 expected

ISM August services PMI 52.0 vs 51.0 expected

Prior was 50.1Business activity 55.0 vs 53.0 expectedPrior business activity 52.6New orders 56.0 vs 50.3 priorEmployment 46.5 vs 46.4 priorPrices 69.2 vs 69.9 prior

The pickup in new orders is encouraging and runs counter to the poor reading on that metric in the S&P Global survey. The poor number is on employment, which is skidding along the recent bottoms.

This article was written by Adam Button at investinglive.com.


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