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Summary The services ISM notched a modest gain in August, quelling for now concerns about stalling growth. While the prices paid measure rose, the employment measure indicates a jobs market that is in a decidedly lower gear than it was as recently as earlier this year. ISM Rises to Three-Month High A run of lousy […]

The post US: Despite Broader Growth Concerns, Service Sector Improves appeared first on Action Forex.

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02/05/2024

US: Manufacturing Slips Back into Contraction in April, But Price Pressures Pick Up

The ISM Manufacturing Index slipped back into contractionary territory in April, dipping to 49.2, from 50.3 in March. Even so, 9 of 16 industries reported growth in April – the same as in March. Demand softness was reflected by the new orders and new export orders sub-indices both flipping back into contraction, after pointing to […]
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Focus Turns to Europe and to ECB Today

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