| Actual | Consensus | Previous |
| 43.7 | 42.5 | 40.8 |
- The ISM non-Manufacturing index shows business conditions in the US non-manufacturing sector.
- The services sector contracted again in April for the seventh straight month but showed signs that the pace is slowing.
- The ISM improved 43.7% from 40.8% in March.
- Readings under 50% indicates that most firms surveyed still think business conditions are still getting worst.
- 7 of 18 industries were growing in April.
- New orders index improved to 47% from 38.8%
- Employment improved to 37% from 32.3%
Source: Marketwatch & FX Street
0 comments:
Post a Comment