Categories Finance

US October ISM services PMI 56.0 vs 53.8 expected

  • Prior was 54.9
  • Business activity index 57.2 vs 59.9 prior
  • Employment 53.0 vs 48.1 prior
  • New orders 57.4 vs 59.4 prior
  • Prices paid 58.1 vs 59.4 prior
  • Supplier deliveries 56.4 vs 52.1 prior
  • Inventories 57.2 vs 58.1 prior
  • Backlog of orders 47.7 vs 48.3 prior
  • New export orders 51.7 vs 56.7 prior
  • Imports 50.2 vs 52.7 prior
  • Inventory sentiment 53.0 vs 54.0 prior

This is a goldilocks number with prices paid improving (though still well-above 50).

This article was written by Adam Button at www.forexlive.com.

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