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5 Oct 2015
US ISM non-manufacturing activity falls to 56.9 in September
FXStreet (Mumbai) - The US Institute of Supply Management’s (ISM) non-manufacturing activity index in September fell to 56.9 compared to the estimated drop to 57.5 from August’s 59.00.
The pace of growth in services industries cooled from the best reading in a decade, a sign that weak wages may be pushing the demand down amid signs of slowdown in the global economy.
Key Points
Business activity: 60.2 vs 63.9 prior
Employment: 58.3 vs 56.0 prior
New orders: 56.7 vs 63.4 prior
Prices paid: 48.4 vs 50.8 prior
The pace of growth in services industries cooled from the best reading in a decade, a sign that weak wages may be pushing the demand down amid signs of slowdown in the global economy.
Key Points
Business activity: 60.2 vs 63.9 prior
Employment: 58.3 vs 56.0 prior
New orders: 56.7 vs 63.4 prior
Prices paid: 48.4 vs 50.8 prior